Azul flies LatAm down credit curve

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Azul flies LatAm down credit curve

Oliver West
June 11, 2021 06:00 AM
Brazil, Azul, airline, LatAm, 575
CURITIBA, BRAZIL - OCTOBER 9, 2014: Azul Brazilian Airlines Embraer ERJ-190 at Curitiba Airport, Brazil. In 2013 Azul had 17 percent of domestic market share in terms of passengers per kilometre flown. | MAREK SLUSARCZYK/Tupungato - stock.adobe.com

Brazilian airline Azul on Thursday sold the first triple-C rated new issue from Latin America since the coronavirus pandemic began, pricing a five year bond inside guidance to as investors swarm all over the region’s riskier credits.

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Oliver West
US Bureau Chief - Latin America Editor
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