November 27, 2019 |
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
Chilean airline announces sale of $173 mln in inflation-linked notes in the local market