Kaomi ma aneʻi inā ʻo kāu hoʻolaha paʻi kēia!

Hoʻouna ʻo LATAM Airlines Group i ka hoʻolālā o ka hoʻonohonoho hou ʻana mai ka Mokuna 11

i kakauia ma ʻO Linda S. Hohnholz

Ua hoʻolaha ʻo LATAM Airlines Group SA a me kāna mau hui ma Brazil, Chile, Colombia, Ecuador, Peru, a me ʻAmelika Hui Pū ʻIa i kēia lā i ka waiho ʻana i kahi Plan of Reorganization (ka "Plan"), e hōʻike ana i ke ala i mua no ka hui e haʻalele i ka Mokuna 11 e like me ke kānāwai US a me Chile. Hoʻopili pū ʻia ka Plan me kahi ʻaelike kākoʻo hoʻoponopono hou (ka "RSA") me ka Pūʻulu Parent Ad Hoc, ʻo ia ka hui ʻaiʻē nui ʻole i hoʻopaʻa ʻia i kēia mau hihia Mokuna 11, a me kekahi o nā mea kuleana o LATAM.

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Hoʻopaʻa ka RSA i ka ʻaelike ma waena o LATAM, nā mea i ʻōlelo ʻia ma mua o 70% o nā kuleana makua ʻole i hoʻopaʻa ʻia a me nā mea paʻa ma kahi o 48% o 2024 a me 2026 US Notes, a me kekahi mau mea kuleana e paʻa ana ma mua o 50% o ke kaulike maʻamau, ma lalo o ka hoʻokō ʻana nā palapala kikoʻī e nā ʻaoʻao a me ka loaʻa ʻana o ka ʻae ʻana o ka hui e kēlā mau mea kuleana. E like me kā lākou i loko o ke kaʻina hana, ke hoʻomau nei nā ʻoihana āpau i ka hui e like me nā kūlana huakaʻi a koi i ka ʻae.

"Ua hōʻike ʻia nā makahiki ʻelua i hala e ka paʻakikī ma ka honua holoʻokoʻa - ua nalowale mākou i nā hoaaloha a me nā ʻohana, nā hoahana a me nā mea aloha. A ua hauʻoli mākou i ka lawe ʻia ʻana o ka mokulele honua a me ka huakaʻi i kahi kūlana virtual e ka pilikia nui loa e kū i kā mākou ʻoihana. ʻOiai ʻaʻole i pau kā mākou kaʻina hana, ua hōʻea mākou i kahi koʻikoʻi koʻikoʻi i ke ala e hiki ai i ka wā e hiki mai ana i ke kālā ʻoi aku ka ikaika, "wahi a Roberto Alvo, Luna Nui o LATAM Airlines Group SA. he kaʻina hana uʻi e hiki ai i kēia hopena, e hāʻawi ana i ka noʻonoʻo kūpono i nā mea kuleana āpau a me kahi hale e pili ana i ke kānāwai US a me Chile. ʻO kā lākou hoʻokomo ʻana i ke kālā hou nui i kā mākou ʻoihana he hōʻike ia i kā lākou kākoʻo a me ka manaʻoʻiʻo i kā mākou mau manaʻo lōʻihi. Mahalo mākou i ka hui kūʻokoʻa ma LATAM i pale i ka kānalua o nā makahiki ʻelua i hala aku nei a hiki i kā mākou ʻoihana ke hoʻomau i ka hana a lawelawe i kā mākou mea kūʻai aku me ka hiki ke hiki.

Nānā Hoʻolālā

Hāʻawi ka Plan i ka hoʻokomo ʻana o $8.19 biliona i loko o ka hui ma o ka hui ʻana o ke kaulike hou, nā palapala hoʻololi, a me ka ʻaiʻē, e hiki ai i ka hui ke haʻalele i ka Mokuna 11 me ka waiwai nui e hoʻokō ai i kāna hoʻolālā ʻoihana. Ma ka puka ʻana mai, manaʻo ʻia e loaʻa iā LATAM ka hōʻaiʻē a pau ma kahi o $7.26 biliona1 a me ka wai kālā ma kahi o $2.67 biliona. Ua hoʻoholo ka hui he ʻaiʻē conservative kēia a me ka wai kūpono i ka manawa o ka maopopo ʻole no ka mokulele honua a ʻoi aku ka maikaʻi o ka hoʻonohonoho ʻana i ka hui i mua.

Ma ke ʻano kikoʻī, ua wehewehe ka Plan:

• Ma ka hōʻoia 'ana o ka Plan, ka hui manao e hoʻolauna i ka $800 miliona maʻamau equity pono kaumaha, wehe 'ia i nā mea kuleana a pau o LATAM e like me ko lakou preemptive kuleana ma lalo o ke kanawai Chilean pili, a piha backstopped e ka poe i komo i ka RSA, ma lalo o ka hoʻokō ʻana i nā palapala kikoʻī a, e pili ana i nā mea kuleana backstopping, ka loaʻa ʻana o nā ʻae ʻoihana;

• ʻEkolu papa ʻokoʻa o nā memo hoʻololi e hoʻopuka ʻia e LATAM, e hāʻawi mua ʻia ia mau mea āpau i nā mea kuleana o LATAM. ʻAʻole i kākau inoa ʻia e nā mea kuleana o LATAM i ka manawa o nā kuleana preemptive:

o Convertible Notes Class A e hāʻawi ʻia i kekahi mau mea hōʻaiʻē maʻamau ʻole o ka makua LATAM i ka hoʻoholo ʻana (dación en pago) o kā lākou mau koi i ʻae ʻia ma lalo o ka Plan;

o Convertible Notes Class B e kau inoa ʻia a kūʻai ʻia e nā mea kuleana i kuhikuhi ʻia ma luna; a

o Convertible Notes Class C e hāʻawi ʻia i kekahi mau mea hōʻaiʻē maʻamau i hoʻololi ʻole ʻia no ka hui ʻana o ke kālā hou iā LATAM a me ka hoʻoholo ʻana i kā lākou mau koi, e pili ana i kekahi mau palena a me nā paʻa e nā ʻaoʻao backstopping.

• No laila, e hā'awi 'ia nā palapala ho'ololi no ka Papa Convertible B a me C, a 'oko'a a hapa paha, no ka 'ike 'ana i kahi ha'awina kālā hou no ka huina o $4.64 biliona i ho'iho'i 'ia e nā 'ao'ao i ka RSA, ma muli o ka loa'a 'ana mai o ka RSA. backstopping shareholders o ka hui 'ae;

• E hoʻonui ʻo LATAM i kahi hale hōʻaiʻē hou he $500 miliona a ma kahi o $2.25 biliona o ka huina kālā hōʻaiʻē kālā hou, ʻo ia hoʻi kahi hōʻaiʻē manawa hou a i ʻole nā ​​bona hou; a

• Ua hoʻohana a manaʻo ka hui e hoʻohana i ke kaʻina hana Mokuna 11 e hoʻolimalima hou a hoʻololi paha i nā palapala hoʻolimalima mua o ka hui, ke keʻena hōʻaiʻē revolving, a me ka hale mīkini kaʻawale.

Additional Information

Manaʻo ʻia e mālama ʻia ka hālāwai hoʻolohe manaʻo no ka ʻae ʻana i ke kūpono o ka Mokuna 11 Hōʻike Hōʻike a me ka ʻae ʻana i nā kaʻina hana koho balota ma Ianuali 2022, me ka manawa kikoʻī e pili ana i ka kalena a ka ʻAha. Inā ʻae ʻia ka Hōʻike Hōʻike, e hoʻomaka ka hui i ka noi ʻana i ka wā e ʻimi ai i ka ʻae ʻia o ka Plan mai nā mea ʻaiʻē. Ke noi nei ʻo LATAM i ka hālāwai hoʻolohe manaʻo e hōʻoia i ka hoʻolālā e mālama ʻia ma Malaki 2022.

No ka ʻike hou aku, ua hana ʻo LATAM i kahi pūnaewele i hoʻolaʻa ʻia: www.LATAMreorganizacion.com, kahi e loaʻa ai i nā mea kuleana ka ʻike nui hou e pili ana i kēia hoʻolaha. Ua hoʻokumu pū ka hui i kahi hotline no nā nīnau e pili ana i ka Mokuna 11, hiki ke kiʻi ʻia ma:

• (929) 955-3449 a i ʻole (877) 606-3609 (US a me Kanada)

• 800 914 246 (Kili)

• 0800 591 1542 (Brazil)

• 01-800-5189225 (Kolombia)

• (0800) 78528 (Peru)

• 1800 001 130 (Ekuador)

• 0800-345-4865 (Argentina)

Loaʻa iā ia kahi leka uila hoʻolaʻa no nā nīnau e pili ana i ka hoʻonohonoho hou ʻana ma [pale ʻia ka leka uila]

Aʻo ʻia ʻo LATAM ma kēia kaʻina hana e Cleary Gottlieb Steen & Hamilton LLP a me Claro & Cia. ma ke ʻano he mau ʻōlelo aʻoaʻo kānāwai, ʻo FTI Consulting ma ke ʻano he kākāʻōlelo kālā, a me PJT Partners ma ke ʻano he waihona kālā.

ʻO ka Parent Ad Hoc Group, i alakaʻi ʻia e Sixth Street, Strategic Value Partners, a me Sculptor Capital, ua ʻōlelo ʻia e Kramer Levin Naftalis & Frankel LLP, Bofill Escobar Silva, a me Coeymans, Edwards, Poblete & Dittborn ma ke ʻano he mau ʻōlelo aʻoaʻo kānāwai a me Evercore ma ke ʻano he hoʻopukapuka. mea panakō.

ʻO nā mea kuleana i ʻōlelo ʻia ma luna nei ʻo (a) Delta Air Lines, Inc., i ʻōlelo ʻia e Davis Polk & Wardwell LLP, Barros & Errázuriz Abogados, a me Perella Weinberg Partners LP ma ke ʻano he loio a me ka mea hoʻopukapuka kālā, (b) ka Cueto Group a me ka Eblen Group,2 i aʻo ʻia e Wachtell, Lipton, Rosen & Katz a me Cuatrecasas ma ke ʻano he loio kānāwai, a (c) Qatar Airways Investment (UK) Ltd., i ʻōlelo ʻia e a me Alston & Bird LLP, Carey Abrogados, a me HSBC ma ke ʻano he loio a me ka mea hoʻopukapuka kālā. . Ua ʻōlelo ʻia kekahi o kēia mau mea kuleana e Greenhill & Co., LLC a me ASSET Chile, SA ma ke ʻano he mau ʻōlelo aʻoaʻo kālā.

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No ka mea kākau

ʻO Linda S. Hohnholz

ʻO Linda Hohnholz ka luna hoʻoponopono no eTurboNews no nā makahiki he nui.
Makemake ʻo ia e kākau a nānā i nā kikoʻī.
Mālama ʻo ia i nā ʻike pili waiwai āpau a me nā hoʻokuʻu paʻi.

Waiho i ka manaʻo

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