LATAM books UF bond sale

LATAM books UF bond sale

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Chile

Chile's LATAM Airlines wants to sell UF5 million ($173 million) in inflation-linked bonds in the local market, according to documents filed with the securities commission CMF. The airline said it will use the proceeds from the sale of the 15-year notes to refinance debt and fund its investment plans and operations. The proposed deal comes almost two months after US-based Delta Air Lines agreed to buy a 20% stake in LATAM for $1.94 billion and invest another $350 million in the new partnership, i

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