avianca airlines (AV, Bogotá) parent Avianca Group announced in a brief statement on July 1 that it will “confidentially submit” to the US Securities and Exchange Commission (SEC), a draft registration for an initial public offering (IPO) of its ordinary shares on a US bourse.

If it wins approval, the company will press ahead with the listing, two-and-a-half years after it emerged from Chapter 11 bankruptcy. However, the timing and execution of the IPO are subject to market conditions.

In the…

Source: ch aviation
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