Colombia IPOs

By Eric Platt of FastFT

Another Latin American airline is looking to try its luck on Wall Street.

Avianca Holdings, Colombia’s flag carrier, filed paperwork with the US Securities and Exchange Commission on Thursday to float shares in New York. Read more

The collapse of Colombia’s biggest broker, Interbolsa, might have prompted some investors to dump the country’s bond and currency last week.

Yet that was not enough to prevent Cemex, the Mexican cement producer, from raising close to $1.1bn from the partial sale of its Latin American subsidiary on the Colombian Stock Exchange last Wednesday. Read more