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Simpson Thacher Represents JPMorgan in LATAM Airlines Group’s Amendment of its Super-Priority Revolving Loan Credit Agreement and Upsize of Revolving Commitments to $750,000,000

07.16.24

Simpson Thacher represented JPMorgan Chase Bank, N.A., as administrative agent, joint lead arranger, joint bookrunner and global coordinator under LATAM’s super-priority revolving loan credit agreement in connection with LATAM Airlines Group S.A.’s $250,000,000 upsize and extension of its existing revolving credit facility to an aggregate principal amount of $750,000,000.

LATAM Airlines Group is one of the largest airline groups in the world in terms of network connections, providing scheduled passenger transport and cargo service to approximately 141 destinations in 23 countries.

The Simpson Thacher team included Soogy Lee, Dan Kay and Mari Zaldivar (Banking and Credit); Zachary Weiner (Collateral); and Jacob Durkin and Marc van Heerden (Corporate – London).