LATAM Airlines issues region’s first aircraft-backed EETCs

Clifford Chance LLP in New York, Greenberg Traurig LLP in Miami, Pinheiro Neto Advogados in São Paulo, Philippi Prietocarrizosa & Uría (Chile) and Maples and Calder in Grand Cayman have helped LATAM Airlines issue Latin America’s first aircraft-backed enhanced equipment trust certificates (EETC) in a two-tranche offering worth US$1 billion.

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