DocuSign Envelope ID: 3FF7B41C-68F8-45B1-A14E-F34A6C49ACF2
3LATAM
ESSENTIAL FACT
LATAM AIRLINES GROUP S.A.
Registration of Securities Registry No. 306
Santiago, April 8, 2022
Gentlemen,
Presidency
Financial Market Commission,
Av. Liberator Bernardo O’Higgins 1449,
Santiago.
Ref.: Communicates ESSENTIAL FACT
Dear Sir or Madam:
In accordance with the provisions of Article 9 and the second paragraph of Article 10% of the Securities Market Law, and General Rule No. 30, duly authorized, I hereby inform the following ESSENTIAL FACT of LATAM Airlines Group S.A. (“LATAM”), registration Securities Registry No. 306:
As previously informed, on March 15, 2022, the bankruptcy court of the Southern District of New York that hears the reorganization process in the United States of America (the “Chapter 11 Proceeding”) of LATAM and some of its direct and indirect subsidiaries that are part of said process, resolved to approve the proposal for a consolidated and modified text (the “Consolidated and Modified DIP Credit Agreement”) of the financing agreement signed. in the context of the Chapter 11 Proceeding, called the Super-Priority Debtor-In-Possession Term Loan Agreement, which was in force until this date (the “Existing DIP Credit Agreement”). The main terms and conditions of the Consolidated and Amended DIP Credit Agreement were described in Essential Facts dated March 14 and 15.
With this date, the Consolidated and Modified DIP Credit Agreement has been signed for a total amount of US$ 3,700 million and the initial disbursement under it has taken place for the amount of US$ 2,750 million. The Consolidated and Amended DIP Credit Agreement amends and recasts the Existing DIP Credit Agreement, and repays outstanding obligations thereunder.
Yours sincerely,
DocuSigned by:
[ropero Ave
Roberto Aivo M.
General Manager
LATAM Airlines Group S.A.
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=667f7dbee987b16b22346b8f907968b5VFdwQmVVMXFRVEJOUkVWNlQwUnJlazVCUFQwPQ==&secuencia=-1&t=1682376108
