LATAM shareholders launch public offering of 15.5 million ADSs

LATAM Airlines Group S.A. (NYSE: LTM) announced that certain shareholders affiliated with Strategic Value Partners, LLC launched a public offering to sell 15,503,784 American Depositary Shares. Each ADS represents 2,000 common shares of the South America-based airline group.

The company stated it is not selling any shares and will not receive proceeds from the transaction. The last reported price per ADS was $47.62 on September 23, 2025.

J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC are serving as underwriters for the offering. A registration statement on Form F-3, including a prospectus for the ADSs, was filed with the U.S. Securities and Exchange Commission on July 18, 2024 and became automatically effective.

The information is based on a company statement.

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