LATAM Airlines Group has issued a $600 million senior unsecured bond.
The Santiago de Chile-based carrier priced the notes with an interest rate of 7% on 4 February, it says in a statement to investors. The debt matures in March 2026.
LATAM's Cayman Islands-based subsidiary LATAM Finance issued the bonds. The proceeds will be be used for general corporate purposes.
Goldman Sachs and JP Morgan are the bookrunners, FlightGlobal understands.
Source: Cirium Dashboard
Embraer has secured an order for two C-390 tactical transport jets from an unidentified buyer, representing the 10th country to select the type.
Airbus has enhanced operational documentation to provide greater clarity on engine-relight procedures after severe hail extinguished both powerplants on a LATAM A320 two years ago. Such was the storm’s intensity that it “significantly exceeded” engine design and certification criteria, according to the airframer, with water and ice content twice the ...
Two aboard a Bombardier Challenger 300 were killed upon landing in Buenos Aires on 18 December as the aircraft left the runway and caught fire outside the airport perimeter.
