As of September 30, 2020, the Total Debt of Viva Aerobus was Ps.2,654 million, 21.2% below than the Ps.3,370 million reported in 3Q19, reflecting the amortizations made on the short-and-long term local notes issued at the Mexican Stock Exchange (BMV) in March 2019, each one for Ps.1,000 million.
| Sep-20 | Jun-20 | Dec-19 | |
|---|---|---|---|
| Bank debt | 1,325 | 1,687 | 1,206 |
| Debt securities | 1,329 | 1,676 | 1,985 |
| Short-term debt | 1,220 | 2,262 | 1,973 |
| Long-term debt | 1,434 | 1,101 | 1,217 |
| Total debt | 2,654 | 3,363 | 3,191 |
| Net debt1 | (416) | 963 | (1,163) |
As of September 30, 2020, the Company’s Adjusted net leverage / EBITDAR LTM stood at 13.69 times.
| Sep-20 | Sep-19 | Dec-19 | |
|---|---|---|---|
| Adjusted net debt / EBITDAR LTM2 | 13.69x | 3.56x | 3.81x |
