Chilean bondholders seek to block LATAM restructuring

Chilean bondholders seek to block LATAM restructuring

Bonds Debt Fixed Income Chile

A group of Chilean investors have hired a law firm to block the restructuring plan by LATAM Airlines, alleging the offer discriminates against local creditors, local newspaper La Tercera reported. The bondholders, represented by BancoEstado, hired lawyers from Gutierrez, Waugh, Jimeno & Asenjo to challenge the airline's plan in Chilean courts, according to the newspaper. The creditors allege LATAM's restructuring plan infringes Chilean law by discriminating against local investors, which wil

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