Americas

LATAM Brazil enters Chapter 11 and group formalises second tranche of DIP financing

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LATAM Brazil enters Chapter 11 and group formalises second tranche of DIP financing

LATAM Airlines Group announced its formal DIP (debtor-in-possession) financing at the same time as it announced that LATAM Brazil was also entering the Chapter 11 bankruptcy protection process alongside its affiliates in Chile, Peru, Colombia, Ecuador and the United States, which filed on May 26, 20...

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