Latam suspends payment of dividends to its shareholders

Latam Airlines suspended the payment of dividends corresponding to the 2019 financial year, which were scheduled to be paid on May 28. This was done as part of the voluntary process of reorganization and debt restructuring to which the airline’s subsidiaries in Chile, Colombia, Ecuador and the U.S. were subject under Chapter 11 of the U.S. Bankruptcy Law.

Source: EMOL