Clifford Chance

Clifford Chance Advises LATAM on US$600M Senior Notes Issuance

Clifford Chance US represented LATAM Finance Limited, as issuer, and LATAM Airlines Group S.A. ("LATAM"), as guarantor, in the Rule 144A / Regulation S offering of $600,000,000 of 7.000% Senior Notes due 2026 issued and sold by LATAM Finance Limited, a finance subsidiary of LATAM, and guaranteed by LATAM. The proceeds are expected to be used for general corporate purposes.

The global coordinators and joint book-running managers were Goldman Sachs, J.P. Morgan Securities and the joint book-running managers was BNP Paribas Securities, Credit Suisse Securities (USA), Deutsche Bank Securities and Santander Investment Securities.

The Firm's team was led out of New York by Banking & Finance partner Gary Brooks and includes partner Emily Wicker and associates Jason Parsont, Rebecca Isaacs and Israel Augenstein. Partner Avrohom Gelber and associate Sean Smestad advised on tax matters.