Latam Airlines received financing of $1,3 billion from Oaktree

Latam Airlines Group S.A. the largest airline in Latin America, secured with additional financing of $1,3 billion to endure the period of bankruptcies. Company, submitted the application for bankruptcy to United States of America, agreed about receiving financings from Oaktree Capital Management LP. The decision on providing financings has to be approved by court United States of America on bankruptcies in New York. Before Latam Airlines obtained credit of $900 million from other shareholders, including the families which have based Latam and Qatar Airways Company Q.C.S.C.. Besides, company reported that its Brazilian division also...