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LATAM Airlines, Creditors Reach Bankruptcy Deal

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MIAMI – LATAM Airlines Group (LA) has come to an agreement with key stakeholders to restructure its debt and emerge from bankruptcy under new management. According to court documents procured by batimes.com.ar, Latin America’s largest airline aims to raise US$5bn by offering shares and convertible notes to current stockholders and creditors as it emerges from […]

The post LATAM Airlines, Creditors Reach Bankruptcy Deal appeared first on Airways Magazine.

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