INSUBCONTINENT EXCLUSIVE:
In a bold resurgence, Latam Airlines is set to relist on the New York Stock Exchange next Thursday, aiming to raise over $530
billion.The public offering involves 19 million American Depositary Receipts (ADRs), each representing 2,000 shares
Market dynamics could trigger the release of an additional 2.85 million shares.Key stakeholders include Sixth Street Funds, Marathon Funds,
and Olympus Peak Funds, showcasing strong investor confidence.The move was formalized last Thursday when Latam filed its prospectus with the
spearheads the offering.The syndicate extends to Citigroup, Santander US, Deutsche Bank, and others, emphasizing the scale and international
American market, increasingly open to foreign enterprises.Notably, companies from Peru, Mexico, and even Brazilian firm Moove have sought to
business maneuver; it reflects a broader narrative of recovery and ambition in post-pandemic global markets.As Latam ascends again, it
inspires global industries, showing that with the right strategy, companies can overcome challenges and thrive.
