UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
May 7, 2018
Commission File Number 1-14728
LATAM Airlines Group S.A.
(Translation of Registrant’s Name Into English)
Presidente Riesco 5711, 20th floor
Las Condes
Santiago, Chile
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
MATERIAL FACT
LATAM Airlines Group S.A
SECURITIES REGISTRY N° 306
Santiago, May 7th 2018
Mr.
Joaquín Cortez Huerta
Superintendent
Financial Market Commission
1449 Av. Libertador Bernardo O´Higgins, 12th floor
Present
Re: Material fact report
Dear Mr. Superintendent:
In accordance with the provisions of Article 9 and 10 of the Securities Market Law and General Rule No. 30, duly authorized, the following material fact regarding LATAM Airlines Group S.A. (“LATAM Airlines”), Securities Registration No. 306, reports the following:
With this date, LATAM Airlines and its subsidiaries Inversiones LAN S.A. and LAN Pax Group S.A. (collectively, the "Sellers"), sold, assigned and transferred to the Spanish companies Acciona Airport Services, S.A. and Acciona Aeropuertos, S.L. (collectively, the "Buyers") 100% of their shares (the "Shares") in the subsidiary that develops the ground handling business at the Santiago airport, Andes Aiport Services S.A.
The aforementioned transaction is framed within the commitments assumed by the Sellers and the Buyers under the purchase and sale contract of shares calledShares Purchase Agreement dated October 4, 2017, which was informed to the Superintendency of Securities and Insurance as a material fact of that same date.
The purchase price is the amount of $ 24,300 million Chilean pesos, which may be adjusted according to variations in net debt and working capital at the date of closing.
Finally, we inform you that the operation reported in the present Material Fact will have a positive effect in the order of USD$ 25 million in the results of the Company.
Sincerely,
Juan Carlos Menció
Senior Vice President of Legal Affairs
LATAM Airlines Group S.A.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: May 7, 2018 | LATAM AIRLINES GROUP S.A. | |||||
By: | /s/ Juan Carlos Menció | |||||
Name: | Juan Carlos Menció | |||||
Title: | Senior Vice President of Legal Affairs |