0000876661-20-000493.txt : 20200610
0000876661-20-000493.hdr.sgml : 20200610
20200610145135
ACCESSION NUMBER: 0000876661-20-000493
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20200610
DATE AS OF CHANGE: 20200610
EFFECTIVENESS DATE: 20200610
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: LATAM AIRLINES GROUP S.A.
CENTRAL INDEX KEY: 0001047716
STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512]
IRS NUMBER: 000000000
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14728
FILM NUMBER: 20954479
BUSINESS ADDRESS:
STREET 1: PRESIDENTE RIESCO 5711 20TH FLOOR
STREET 2: LAS CONDES
CITY: SANTIAGO
STATE: F3
ZIP: 999999999
BUSINESS PHONE: 5625652525
MAIL ADDRESS:
STREET 1: PRESIDENTE RIESCO 5711 20TH FLOOR
STREET 2: LAS CONDES
CITY: SANTIAGO
STATE: F3
ZIP: 999999999
FORMER COMPANY:
FORMER CONFORMED NAME: Lan Airlines SA
DATE OF NAME CHANGE: 20041015
FORMER COMPANY:
FORMER CONFORMED NAME: LAN CHILE SA
DATE OF NAME CHANGE: 19990427
FORMER COMPANY:
FORMER CONFORMED NAME: CHILEAN AIRLINE SA LANCHILE
DATE OF NAME CHANGE: 19971010
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: NEW YORK STOCK EXCHANGE LLC
CENTRAL INDEX KEY: 0000876661
IRS NUMBER: 000000000
STATE OF INCORPORATION: NY
FILING VALUES:
FORM TYPE: 25-NSE
BUSINESS ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
BUSINESS PHONE: 212-656-2060
MAIL ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
FORMER COMPANY:
FORMER CONFORMED NAME: NEW YORK STOCK EXCHANGE INC
DATE OF NAME CHANGE: 19910628
25-NSE
1
primary_doc.xml
X0203
0000876661
NEW YORK STOCK EXCHANGE LLC
0001047716
LATAM AIRLINES GROUP S.A.
001-14728
Av. Americo Vespucio Sur 901
Renca
+56 (2) 565 2525
American Depositary Shares (Each representing 1 Common Share)
17 CFR 240.12d2-2(b)
Jonathan Martin
Manager, Market Watch and Proxy Compliance
2020-06-10
EX-99.25
2
ruleprovisionnotice.htm
NOTIFICATION OF THE REMOVAL FROM LISTING AND REGISTRATION OF THE STATED SECURITIES
The New York Stock Exchange ('NYSE' or the 'Exchange') hereby notifies the Securities and Exchange Commission (the 'Commission') of its intention to remove the entire class of American Depositary Shares (Each representing 1 Common Share) (the 'American Depositary Shares') of LATAM Airlines Group S.A. (the 'Company') from listing and registration on the Exchange at the opening of business on June 22, 2020, pursuant to the provisions of Rule 12d2-2(b) because, in the opinion of the Exchange, the American Depositary Shares are no longer suitable for continued listing and trading on the Exchange.
The Exchange reached its decision pursuant to Section 802.01D of the Listed Company Manual (the "Manual) based on the Company's May 26, 2020 announcement that it had initiated a voluntary reorganization and restructuring of its debt under Chapter 11 protection in the United States.
Section 802.01D of the Manual states that the Exchange would normally give consideration to suspending or removing from the list a security of a company when 'an intent to file under any of the sections of the bankruptcy law has been announced or a filing has been made or liquidation has been authorized and the company is committed to proceed.'
Pursuant to the above authorization, the Company was notified by phone and letter on May 26, 2020 of the Exchange's intention to initiate delisting proceedings. On May 26, 2020, a press release regarding the proposed delisting was issued and posted on the Exchange's website. Further, on June 9, 2020, a press release noting that trading in the American Depository Shares was suspended was issued and posted on the Exchange's website.
The Company had a right to appeal to a Committee of the Board of Directors of the Exchange (the 'Committee') the determination to delist the American Depository Shares, provided that it filed a written request for such a review with the Secretary of the Exchange within ten business days of receiving notice of the delisting determination. The Company did not file such request within the specified time period. Consequently, all conditions precedent under SEC Rule 12d2-2(b) to the filing of this application have been satisfied.