UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

April 2024

 

Commission File Number 1-14728

 

 

LATAM Airlines Group S.A.

(Translation of Registrant’s Name Into English)

 

 

Presidente Riesco 5711, 20th floor

Las Condes

Santiago, Chile

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F  ☒        Form 40-F  ☐

 

 

 

LATAM AIRLINES GROUP S.A.

 

The following exhibit is attached:

 

EXHIBIT NO.		DESCRIPTION
99.1		Material Fact

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: April 4, 2024	LATAM AIRLINES GROUP S.A.
	By:	/s/ Ramiro Alfonsín B.
	Name:	Ramiro Alfonsín B.
	Title:	Vice President Finance

 

Exhibit 99.1

 

 

 

MATERIAL FACT

 

LATAM AIRLINES GROUP S.A.

Issuer of securities registered in the Securities Registry

 

Santiago, April 3, 2024

 

Mrs.

Solange Bernstein Jáuregui

President

Financial Market Commission

Av. Libertador Bernardo O’Higgins 1449

 

Ref.: Communicates MATERIAL FACT

 

From my consideration:

 

In accordance with article 9 and second paragraph of article 10 of Law No. 18,045 and with General Rule No. 30 and Circular No. 660, both of the Financial Market Commission, duly empowered for this purpose, I inform the following Material Fact regarding LATAM Airlines Group S.A. (“LATAM” or the “Company”):

 

1.

In a meeting held on this same date, the Company’s Board of Directors approved to begin the process to open and relist the Company’s ADRs on the New York Stock Exchange (“NYSE”) (the “Relisting of the ADR Program”). This process entails various procedures and requirements before the Securities and Exchange Commission of the United States of America and the NYSE.

 

2.

Once the requirements referred to in paragraph 1 above have been met, it will be up to the Board of Directors to decide whether or not to ultimately approve, and make effective, the ADR Program Relisting. The Relisting of the ADR Program thus resolved will be opportunely informed by a new material fact. This decision will be taken:

 

a.

once the consent is obtained from those who were the main creditors supporting the reorganization plan of the Company that was approved and confirmed in its reorganization procedure under Chapter 11 of the Bankruptcy Code of the United States of America, and without which the Company would not have emerged from said reorganization procedure; and

 

b.

considering market conditions and the best interest of the Company.

 

3.

The process to finalize the Relisting of the ADR Program is estimated at this date to take up to six months, starting from this Material Fact.

 

The Company will keep its shareholders and the market in general informed about the progress of the Relisting of the ADR Program process.

 

Sincerely,

 

Ramiro Alfonsín B.

Vice President Finance

LATAM Airlines Group S.A.

 

c.c.: - Santiago Stock Exchange

        - Santiago Chile Electronic Stock Exchange