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Latam Airlines US shares up 2.9% after $456M offering

Carrier exited Chapter 11 bankruptcy in 2022

Bloomberg NewsbyBloomberg News
July 26, 2024
in Carriers
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Latam Airlines Group SA’s American depositary shares climbed 2.9% in their return to the U.S. market after a group of shareholders raised $456 million in an offering. The Santiago-based airline’s ADS closed at $24.70 each on Thursday in New York, a day after the shareholders sold 19 million ADS for $24 apiece. Each ADS represents 2,000 of […]

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