Natixis CIB Secures Financing for LATAM Airlines' New Aircraft
Securing Financing for LATAM Airlines
Natixis Corporate & Investment Banking ("Natixis CIB") has successfully underwritten a Senior Secured Term Loan for LATAM Airlines Group S.A. ("LATAM"). This transaction, focused on financing eleven Airbus A321 Ceos aircraft, is a significant step in supporting the airline's operational expansion.
About LATAM Airlines Group S.A.
As the leading airline group in Latin America, LATAM manages a vast network of domestic and international flights, providing extensive passenger and cargo services. With a diverse fleet of over 350 aircraft, LATAM operates through its various affiliates across multiple countries, including Brazil, Colombia, and Ecuador.
Role of Natixis CIB
Natixis CIB's involvement in this financing marks a pivotal collaboration aimed at enhancing LATAM’s operational capabilities. Acting as Joint Mandated Lead Arranger and Lender with SMBC, Natixis CIB efficiently structured this Senior Secured Commercial Loan, tailored for the acquisition of the Airbus aircraft.
Commitment to Growth
This financing initiative highlights Natixis CIB's dedication to fostering growth within the aviation sector. By aligning with major airline operators like LATAM, Natixis CIB ensures that essential capital is available to support their strategic ambitions.
Comments from LATAM Leadership
Andres del Valle, Director of Corporate Finance at LATAM, expressed enthusiasm about this partnership. He stated, "This financing is part of our proactive debt and fleet strategy, aimed at optimizing capital structure and ensuring enduring access to competitive funding. We appreciate the support from Natixis as we advance our growth objectives."
Ongoing Support from Natixis
Yevgeniya Levitin, Head of Aviation Americas at Natixis CIB, remarked, "We are thrilled to support LATAM Airlines in refining its fleet financing strategies. Our continued partnership is a testament to the trust LATAM has in our capabilities, and we look forward to future collaborations."
About Natixis Corporate & Investment Banking
Natixis CIB stands as a forefront player in the global financial landscape. Offering a range of services including advisory and corporate banking, Natixis CIB caters to corporations and governmental bodies worldwide. With a presence in roughly 30 countries, their expert teams are committed to advancing clients’ strategic initiatives.
The firm aims to align its financing practices with sustainable environmental goals, aspiring for carbon neutrality by 2050. Moreover, they assist clients in minimizing their ecological footprint while pursuing growth.
Strength from Groupe BPCE
As part of Groupe BPCE, the second-largest banking entity in France, Natixis CIB enjoys robust financial backing and favorable ratings from major credit agencies. This affiliation underscores their capability to offer reliable services to their global clientele.
Frequently Asked Questions
What is the purpose of the Senior Secured Term Loan?
The loan is intended for financing the acquisition of eleven Airbus A321 Ceos aircraft for LATAM Airlines.
Who are the key players in this financing transaction?
Natixis CIB acted as Joint Mandated Lead Arranger alongside SMBC to structure this financing.
What is LATAM Airlines Group known for?
LATAM Airlines Group is the largest airline group in Latin America, operating a considerable network of domestic and international flights.
What does Natixis CIB specialize in?
Natixis CIB provides advisory, investment banking, financing, and capital markets services across various industries.
How does Natixis CIB promote sustainability?
Natixis CIB aims for carbon neutrality by 2050, helping clients to reduce their environmental impact as part of their financial strategies.
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