Latam Airlines bonds crash amid bleak recovery prospects

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Latam Airlines bonds crash amid bleak recovery prospects

Latam Airlines, LatAm, Latin America, carrier, Lan, Tam, restructuring, Chapter 11, aircraft, plane, crisis, Covid-19, Chile, Brazil

Rating agencies say that senior unsecured bondholders in Latam Airlines face bleak recovery prospects after the Covid-19 pandemic forced the largest airline in Latin America to file for Chapter 11 bankruptcy protection in the US.

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