Morgan & Morgan acted as Panamanian counsel to Avianca Holdings, S.A. as Borrower in connection to certain Incremental Debt for an amount of US$ 75,000,000.00 issued in connection a Second Amendment to the Senior Secured Convertible Term Loan Agreement for US$ 250,000,000.00 dated as of November 18, 2019, with United Airlines, Inc. and Kingsland International Group, S.A., as Lenders, and UMB Bank, N.A. (as successor agent to United Airlines, Inc.).
Partners Francisco Arias, Ricardo Arias, and Aristides Anguizola participated in this transaction.