On Monday, LATAM Airlines Group began the final phase of its reorganization under Chapter 11 in the United States. The airline filed an essential fact with the Financial Market Commission (CMF) in Chile, disclosing that it has registered over 605 billion shares in the Securities Registry of the CMF. These shares correspond to the capital increase and the three classes of convertible bonds that were approved at LATAM’s shareholders’ meeting in July.
Read More Here: LATAM Begins Final Phase Of Chapter 11 Bankuptcy Process | SimpleFlying.com
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