Reason #3: Serious Improvements In LTM Financial And Operational Stability
This deal is really a turning point for LATAM. Through the transaction, the copany will see significantly improved free cash flow. Moreover, the company is reducing its debt by more than $2 billion by the year 2025.
With an improved balance sheet and capital structure, LTM will have a strong foundation from which to grow ahead, making the $16 per share valuation make a lot of sense.
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The Bottom Line
The bottom line here is that this deal is a game changer for LTM. It improves the company’s balance sheet and capital structure while offering the support of a top 3 airline. At the end of the day, the opportunity here is hard to ignore!
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