LATAM Airlines Group is reopening its 2026 bond and seeking to buy back up to $300 million of its 2020 notes.
The 2020 notes carry an interest rate of 7.25%, according to the tender offer, while the 2026 notes are priced at 7.0%. LATAM will use the debt offering to raise available cash.
Goldman Sachs and JP Morgan are deal managers for the transaction.
The tender closes on 24 July, the offering memorandum shows.
Source: Cirium Dashboard
Chilean authorities have clarified that they will lead the investigation into the in-flight upset involving a LATAM Boeing 787, after initially indicating delegation to New Zealand counterparts. Several occupants were injured after the twinjet experienced the upset en route from Sydney to Auckland, as flight LA800, on 11 March. Chile’s ...
Several dozen people were injured after a LATAM Airlines Boeing 787-9 Dreamliner experienced a “strong movement” before it landed in Auckland, New Zealand.
LATAM Airlines Group posted improved fourth-quarter and full-year earnings as international capacity surged and domestic demand also remained strong.
