SAO PAULO, Jan. 11, 2013 /PRNewswire/ -- TAM Capital Inc. (the "Issuer"), TAM S.A. ("TAM") and TAM Linhas Aereas S.A. ("TLA," and together with TAM, the "Guarantors") announced today that they intend to terminate their reporting obligations under section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), with respect to the 7.375% Senior Guaranteed Notes Due 2017 (the "Notes"). The decision to terminate reporting obligations under the Exchange Act in relation to the Notes was made as a result of TAM's combination with LAN Airlines to create LATAM Airlines Group S.A. which was completed on June 22, 2012. As a result of that combination: (i) on July 18, 2012 TAM's registration as a public company with the Brazilian Securities and Exchange Commission ( Comissao de Valores Mobiliarios - CVM) was canceled, (ii) on August 3, 2012 TAM's American Depositary Shares (each representing one preferred share) were delisted from The New York Stock Exchange, and (iii) on August 28, 2012, TAM, TLA and the Issuer filed a Form 15 with the United States Securities and Exchange Commission (the "SEC") suspending applicable reporting obligations under the Exchange Act in relation to TAM's preferred shares, American Depositary Shares (each representing one preferred shares), American Depositary Shares (each representing on common share of TAM) and the Notes. TAM now intends to permanently terminate all reporting obligations in relation to the Notes. Pursuant to Rule 12h−6 under the Exchange Act, the SEC permits a foreign private issuer to terminate its reporting obligations under section 15(d) of the Exchange Act with respect to a class of securities. The Issuer and the Guarantors filed a Form 15F with the SEC today to terminate their reporting obligations with respect to the Notes. The termination will become effective 90 days after the filing, unless the Form 15F is earlier withdrawn by the Issuer and the Guarantors or denied by the SEC.