News and developments

Morgan & Morgan Legal advised Avianca Holdings, S.A. and its subsidiaries, in connection with a US$ 1.5 billion DIP-to-exit facility which would secure the company’s exit financing from its Chapter 11 reorganization proceeding under the U.S. Bankruptcy Code.

Partners Francisco Arias G. and Aristides Anguizola and International Associate Miguel Arias M. participated in this transaction.