Airline

Fitch downgrades LATAM twice in a week

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Fitch downgrades LATAM twice in a week

Fitch Ratings has downgraded LATAM Airlines Issuer Default Rating (IDR) to D following news that it was entering in Chapter 11 bankruptcy protection just days after the agency knocked the carrier down from CC from B- when it failed to make interest or principal payments of all the three tranches of ...

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