Intercorp issues bonds to fund Peruvian supermarket expansion

Peru’s Estudio Bellido, Saco-Vertiz & Bellido, US firm Shearman & Sterling LLP, Maples and Calder in the Cayman Islands and Spain’s Gomez-Acebo & Pombo Abogados have helped Intercorp Group issue bonds worth some US$300 million to invest in the Peruvian retail and pharmacy sectors.