Latam creditors group analyzes loan of up to $1.5 billion to the airline

A group of Latam Airlines’ bondholders are in talks to offer up to $1.5 billion in a loan to the airline as part of its ongoing financial and debt restructuring process under Chapter 11 of the U.S. Bankruptcy Act. The group of creditors includes Blackrock Inc, Australia’s Macquarie Group, HSBC and Chile’s Moneda Asset Management.

Source: EMOL