TAM Linhas Aéreas $200 million financing

28/9/2016

Financing

Value:

$ 200 million

Status:

Completed

Date:

28/9/2016

Overview:

TAM Linhas Aéreas, through a margin loan agreement, has borrowed $200 million from Citibank.
TAM Linhas Aéreas is the Brazilian member of the LATAM Airlines Group.
TAM guaranteed the transaction.

Rani Mehta - Journalist

Jurisdictions:

United States
Brazil

Deal type:

Financing

Practice area:

Banking

Industry sector:

Aviation

Firms:

Clifford Chance

Party: TAM Linhas Aéreas (Borrower)

Davis Polk & Wardwell

Party: Citibank (Lender)

Lawyer: James Vickers

Pinheiro Neto Advogados

Party: Citibank (Lender)

Lawyer: Tiago Araújo Dias Themundo Lessa

TozziniFreire Advogados

Party: TAM Linhas Aéreas (Borrower)

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