Chile's Latam Airlines talks $450 million 2020 notes at 6¼% area

By Christine Van Dusen

Atlanta, Nov. 4 - Chile-based Latam Airlines Group SA gave guidance in the 6¼% area for its $450 million offering of notes due in December 2020 (expected ratings: /BBB-/BB+), a market source said.

BofA Merrill Lynch and Citigroup are the bookrunners for the deal.

The notes will be issued by Guanay Finance Ltd., a special purpose vehicle.

The issuer is a Santiago, Chile-based airline holding company.

© 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.