LATAM | Commercial loan | 09-16 | $200m | Transaction | Airfinance Journal

LATAM | Commercial loan | 09-16 | $200m

In September 2016, TAM S.A. structured a financing amounting to US$ 200 million with the guarantee of approximately 18% ownership of the shares of Multiplus S.A., percentage subject to adjustment depending on the value of the stock as collateral. As of December 31, 2016, the Multiplus Shares Backed Loan outstanding amount was US$ 200 million. Citibank was sole arranger in the transaction. 


Deal Categories

Regions:
Latin America
Chile
Tagged as:
Secured

Structure

Product category:
Other
Product type:
Aircraft purchase
Structure
Aircraft Purchase
Use of proceeds
Aircraft Purchase

Deal Categories

Regions:
North America
United States
Tagged as:
Secured
G8