Information of Interest (Junior DIP Capital Amount)
Registration in the Securities Registry No. 306
As informed by means of a Material Fact dated June 11, 2022, LATAM Airlines Group S.A. and certain of its direct and indirect subsidiaries in their reorganization proceeding (the “Chapter 11 Proceeding”) under the rules set forth in Chapter 11 of Title 11 of the United States Code, subscribed to debt commitment letters (the “Financing Commitment Letters”) in accordance with the details indicated in said Material Fact.
The Material Fact indicated that the Junior DIP Financing proposal (as defined in said Material Fact), contemplated up to US$1,172,882,484 in capital financing. In a filing issued today before the Bankruptcy Court of the Southern District of New York (the “Bankruptcy Court”) in the Chapter 11 Proceedings, it has been clarified that the Junior DIP Financing considered an aggregate amount of up to US$1,173,560,460 in capital financing.
This clarification in no way affects the approval given by the Bankruptcy Court to the Financing Commitment Letters dated June 24, 2022.
Santiago, August 17, 2022