Mayer Brown, a leading global law firm, represented Citigroup Global Markets Inc. and Bank of America Merrill Lynch as the underwriters on a $450 million Rule 144A/Regulation S bond offering of airline ticket receivables of the Chile-based LATAM Airlines Group S.A., Latin America’s largest airline and one of the largest airlines in the world in terms of passengers and cargo transported. The transaction marks the first securitization of airline ticket receivables in Latin America since 2002.

The Mayer Brown team included: Banking & Finance – partners Douglas Doetsch (Chicago) and David Bakst (New York), counsel Daniel Whitmore and associates Juan Pablo Moreno and Nichole Lopez-Tackett (all Chicago); Tax Transactions & Consulting – partner Jim Barry and associate Michael Loquercio (both Chicago); and Employment & Benefits – counsel Erika Gosker (Chicago)