30-Mar-2011 3:30 PM

Avianca-Taca launches IPO; Delta seeks USD2.6bn in loans

Analysis

Avianca-Taca launched an IPO for approximately USD250 million on the Bogota stock exchange offering 11.1% of its shares. The carrier reported an operating income of USD3.1 billion in 2010 and a net profit of USD50 million.

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Avianca-Taca launches IPO; Delta seeks USD2.6bn in loans

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