Linkedin Vimeo
  1. Home
  2. News
  3. Cleary Gottlieb advised…

Cleary Gottlieb advised the initial purchasers on $700 million offering by LATAM Airlines

  • News
  • 12 April 2017
  • 66
  • 1 minute read
Cleary Gottlieb acted for the initial purchasers in a debt offering by LATAM Airlines Group.

LATAM Airlines Group is Latin America´s largest airline, headquartered in Santiago, Chile and São Paulo, Brazil. The group was born out of the 2012 merger of legacy airlines LAN from Chile and TAM from Brazil. The carrier now covers 133 destinations in 23 countries

Merrill Lynch, Pierce, Fenner & Smith; Credit Suisse Securities; Banco BTG Pactual; BNP Paribas Securities; Natixis Securities and Santander Investment Securities were the initial purchaserrs

The transaction consisted of an offering of $700 million 6.875 percent senior notes due 2024 issued and sold by LATAM Finance Limited, a finance subsidiary of LATAM, and that were guaranteed by LATAM. The transaction priced on April 6, 2017, and closed on April 11, 2017.

Print or download PDF

Ignacio Abella

thelatinamericanlawyer.com

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2024 © All rights Reserved. Design by Origami Creative Studio

SHARE