The Incredible Value of Latam Pass, According to a Study that Latam Airlines Presented to Its Investors - La Tercera

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Latam Airlines issued this week a US$800 million bond due at 2031 to prepaid another more expensive one, issued after leaving the Chapter 11, for US$700 million, which expired in 2029. Among the guarantees for the payment of that debt is the frequent passenger program, Latam Pass. To its potential investors, Latam presented an extensive broadcast prospect that, among other things, describes that star program and explains the attractions of an as…