Moody’s gives Latam Airlines Ba2 CFR

Moody's Investors Service said it assigned a Ba2 corporate family rating to Latam Airlines Group SA.

The outlook is stable.

The Ba2 corporate family rating reflects Latam Airlines' significant market position in Latin America with a well-diversified business portfolio of air transportation services, superior network connectivity and strategic alliances, along with an improving operating structure that allows them to remain competitive going forward, the agency said. Adequate liquidity, good financial disclosures and a conservative approach to risk management are additional credit positives for this company.

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