Bogotá D.C., November 06, 2019
AVIANCA HOLDINGS S.A.
November 06, 2019. The Company informs that S&P Global Ratings has assigned a CCC- rating to Avianca Holdings S.A. senior secured notes due 2020 and cut the unsecured note rating to
CC from CCC. The full report issued by S&P Global Ratings is available on the Companys website (www.aviancaholdings.com) under Investor RelationsAvianca Holdings S.A. IssuancesBond
For further information please contact:
Avianca Investor Relations
571-5877700 ext. 2474, 1349
ABOUT AVIANCA HOLDINGS S.A.
The terms Avianca
Holdings or the Company refer to the consolidated entity. The original source-language text of this announcement is the official, authoritative version, Translations are provided as an accommodation only, and should be
cross-referenced with the source-language text, which is the only version of the text intended to have legal effect.
Avianca Holdings S.A. (NYSE: AVH)
(BVC:PFAVH) comprises the airlines: Aerovías del Continente Americano S.A.Avianca, Tampa Cargo S.A., incorporated in Colombia, Aerolineas Galapagos S.A.Aerogal, incorporated in Ecuador, and the TACA Group companies: TACA
International Airlines S.A., incorporated in El Salvador, Lineas Aereas Costarricenses S.A.LACSA, incorporated in Costa Rica, Transamérican Airlines S.A.TACA Perú, incorporated in Perú, Servicios Aéreos
Nacionales S.A.SANSA, incorporated in Costa Rica, Aerotaxis La Costeña S.A., incorporated in Nicaragua, and Isleña de Inversiones S.A. de C.V.ISLEÑA, incorporated in Honduras.