Avianca Group has priced its $600 million 9.500% senior secured notes due 2031.
The company said the terms of the notes and the collateral securing the notes will be identical to its 9.265% senior secured notes due 2030.
The company intends to use the net proceeds from the offering of the notes to redeem a portion of its 9.000% senior secured notes due 2028 and for general corporate purposes, extending the maturity of its indebtedness.
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