Juan Méndez~~John Ericson~~Marcelo Lorenzen~~Christopher Flynn~~Michael Mann~~Preston Irace~~Paige Brinton~~Christian Bond~~J. Struhs~~Jennie Getsin~~Jeanne Annarumma
January 24, 2026
Simpson Thacher Represents Underwriters in LATAM’s Re-IPO and Re-Listing on the NYSE

1 min
AI-made summary
- Simpson Thacher advised the underwriters in the re-IPO and re-listing of LATAM Airlines Group S.A.'s American depositary shares (ADSs) on the New York Stock Exchange
- The public offering involved the sale of 19,000,000 ADSs by certain LATAM shareholders, generating $456 million in gross proceeds
- The ADSs began trading under the ticker 'LTM' on July 25, 2024, and the transaction closed on July 26, 2024.
Simpson Thacher represented the underwriters in connection with the re-IPO of LATAM Airlines Group S.A. (“LATAM”) and re-listing of its American depositary shares (“ADSs”) on the New York Stock Exchange (“NYSE”) in connection with the public offering by certain shareholders of LATAM to sell 19,000,000 ADSs, resulting in gross proceeds of $456 million to the selling shareholders. The ADSs began trading on the NYSE on July 25, 2024 under the ticker symbol “LTM,” and the transaction closed on July 26, 2024.~~LATAM is the largest airline group in South America and one of the ten largest airline groups in the world, as measured by the number of flights operated. It is also the largest air cargo carrier in South America, as measured by cargo fleet. LATAM provides passenger transport services to 148 destinations in 26 countries and cargo services to 166 destinations in 33 countries, with an operating fleet of 336 aircraft.~~The Simpson Thacher team included Juan Francisco Mendez, John C. Ericson, Marcelo B. Lorenzen and Christopher Flynn (Capital Markets); Michael E. Mann and Preston Irace (Tax); Paige Brinton (IP); J. Pasco Struhs (ECEB); Jennie Getsin (FINRA & Blue Sky); and Jeanne M. Annarumma (ERISA). International Associate Larissa Gebrim and Summer Associates Julianne Rudkin and Stephanie Shim provided valuable assistance.
Article Author
Juan Méndez~~John Ericson~~Marcelo Lorenzen~~Christopher Flynn~~Michael Mann~~Preston Irace~~Paige Brinton~~Christian Bond~~J. Struhs~~Jennie Getsin~~Jeanne Annarumma
The Sponsor
