Chilean Airlines S.A. (LanChile)
Proposed Ticker: -
Exchange:NASDAQ-National Market Santiago, CHILE
Industry:Transportation (SIC Code 4512)

Filing Information
Type of Shares:American Depositary Receipts Filing Date:10/14/97
U.S. Shares Filed:8,300,000 Filing Range:$17.00 - $19.00
Non-U.S. Shares Filed:2,100,000 Offering Amount: $187,200,000
Primary Shares:10,400,000 Expenses: -
Secondary Shares:0 Shares Out After:17,400,000

Primary Underwriting Group
ManagerTierPhone
Merrill Lynch & Co.Lead Manager (212) 449-4600
Donaldson, Lufkin & Jenrette Securities Corp.Co-manager (212) 371-0641
Goldman, Sachs & Co.Co-manager (212) 902-5959
Morgan Stanley Dean Witter Discover & Co.Co-manager (212) 761-5900

Business Description
The company provides domestic and international passenger and cargo air services.

Use of Proceeds
The proceeds from the proposed offering will be used to purchase aircrafts, to repay debt and for general corporate purposes.

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