6-K

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

October 5, 2017

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):  ¨

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:  October 5, 2017	LATAM AIRLINES GROUP S.A.
	By:	/s/ Juan Carlos Menció
	Name:	Juan Carlos Menció
	Title:	Legal Vice-president of LATAM Airlines Group

EX-99.1

 

Santiago, October 5, 2017

Mr. Carlos Pavez Tolosa

Commissioner

Securities and Insurance Commission

Av. Libertador Bernardo O´Higgins 1449

Present

Ref.:        MATERIAL FACT

_______________________

Dear Commissioner:

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:

• On October 4, 2017, LATAM Airlines and its subsidiaries Inversiones LAN S.A. and LAN Pax Group S.A. signed a Shares Purchase Agreement in which they agreed to sell 100% of the shares issued by Andes Aiport Services S.A. ("Andes"), the subsidiary responsible for its ground handling business at the Santiago airport to the Spanish companies Acciona Airport Services S.A. and Acciona Aeropuertos, S.L. (the "Sale").

• 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.

• Closing is subject to the condition that Andes implements a capital increase to be subscribed by LATAM Airlines, in order to concentrate the assets of the ground handling business in Andes. In addition, closing is subject to prior approval by the Chilean competition authority (Fiscalía Nacional Económica).

• Together with the Sale, LATAM Airlines and its aviation subsidiaries will sign an agreement with Andes to provide ground handling services at the Santiago airport for a period of five years.

It is estimated that closing will take place within the fourth quarter of 2017, and the effect on results will be of approximately US$20 million profit.

Sincerely,

Juan Carlos Menció

Legal Vice-president

LATAM Airlines Group S.A.