Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers L > Headlines for Latam Airlines Group SA > News item |
Latam Airlines Group DIP financing commitment termination extended
By Caroline Salls
Pittsburgh, Sept. 9 – Latam Airlines Group, SA has secured an extension of the deadline for closing on its debtor-in-possession financing agreement, according to a notice filed Wednesday with the U.S. Bankruptcy Court for the Southern District of New York.
Specifically, the financing commitment will terminate at 11:59 p.m. ET on Sept. 14 unless the closing has occurred by that date.
The commitment was previously scheduled to terminate on Sept. 8.
Latam is a Santiago-based airline. The company filed bankruptcy on May 25 under Chapter 11 case number 20-11254.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.