LATAM Airlines Group has issued a $600 million senior unsecured bond.
The Santiago de Chile-based carrier priced the notes with an interest rate of 7% on 4 February, it says in a statement to investors. The debt matures in March 2026.
LATAM's Cayman Islands-based subsidiary LATAM Finance issued the bonds. The proceeds will be be used for general corporate purposes.
Goldman Sachs and JP Morgan are the bookrunners, FlightGlobal understands.
Source: Cirium Dashboard
The long-discussed deal was made official on 16 April, when Argentine defence minister Luis Petri signed an agreement with Copenhagen to acquire 24 of the fourth-generation F-16s, as Denmark transitions its fleet to the Lockheed Martin F-35A.
After launching domestic service in Colombia last month, JetSmart chief executive Estuardo Ortiz is already marching toward his next conquest – Argentina – with the goal of taking advantage of seismic economic and regulatory changes.
The Brazilian airframer is teaming with the nation’s state-operated postal company to explore opportunities in the air-cargo realm for Embraer aircraft, including the C-390 military transport and E-Jet passenger jets.
