LATAM Airlines Issues $800 Million Notes to Refinance Debt

LATAM Airlines Group SA Sponsored ADR ( (LTM) ) just unveiled an announcement.

On June 26, 2025, LATAM Airlines Group S.A. announced the issuance of secured notes worth $800 million, maturing in 2031, with an annual interest rate of 7.625%. The proceeds from these notes will be used to pay off and extinguish $700 million of existing obligations under notes maturing in 2029, which were part of the company’s Chapter 11 exit financing. This strategic move is expected to result in annual interest savings of approximately $33 million and a one-time impact of $104 million on the company’s income statement in the third quarter of the year.

The most recent analyst rating on (LTM) stock is a Buy with a $38.00 price target. To see the full list of analyst forecasts on LATAM Airlines Group SA Sponsored ADR stock, see the LTM Stock Forecast page.

Spark’s Take on LTM Stock

According to Spark, TipRanks’ AI Analyst, LTM is a Outperform.

LATAM Airlines’ strong financial performance, marked by robust profit margins and cash flow, is a major strength, countered by high debt reliance. Technical indicators show bullish trends but caution due to overbought signals. The valuation is reasonable, adding stability to the stock’s appeal.

To see Spark’s full report on LTM stock, click here.

More about LATAM Airlines Group SA Sponsored ADR

LATAM Airlines Group S.A. operates in the airline industry, providing passenger and cargo air transportation services. The company is a major player in the Latin American market, with a focus on serving international and domestic routes across the region.

Average Trading Volume: 720,325

Technical Sentiment Signal: Strong Buy

Current Market Cap: $11.94B

Find detailed analytics on LTM stock on TipRanks’ Stock Analysis page.