Sidley Represents United Airlines in Financing Agreement With Avianca
December 9, 2019
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Sidley represented United Airlines in connection with its financing agreement with Avianca Holdings S.A., alongside Kingsland Holdings Limited. Avianca successfully renegotiated substantially all of its debt and lease obligations, which resulted in the airline being able to fund US$250 million in mandatory convertible loans by United Airlines and an affiliate of Kingsland Holdings Limited.
The deal was led by partner Leslie Plaskon (Global Finance) and included partners Kevin Lewis (M&A), Anna Ha (M&A) and Michael Burke (Restructuring) as well as associates Eduardo Marquez (M&A) and Hannah Rozow Owolabi (M&A).
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