Abra Group, owner of avianca airlines, GOL Linhas Aéreas Inteligentes, and Wamos Air, has closed two private refinancing transactions worth a total of USD1.25 billion.

One of the holding group’s own subsidiaries, Abra Global Finance (based in the Cayman Islands), closed a private placement of USD510 million in aggregate principal amount of senior secured notes due in 2029.

Separately, Abra Group also entered into a Term Loan Credit Agreement with Castlelake which provides for a five-year, senior…

Source: ch aviation
Read more: Abra Group secures .25bn in refinancing