Estudio Echecopar has a rich 68 years of history servicing domestic and international clients in this dynamic market. The combination of our rich local knowledge and experience with the global resources and reach of Baker McKenzie open new doors for our domestic clients and create opportunities for our lawyers and staff to serve an expanded roster of international companies eager to grow in Peru.
Our services: Antitrust and Competition | Arbitration and Litigation | Banking and Finance | Bankruptcy | Capital Markets | Civil Law | Compliance | Corporate | Employment | Environmental | Intellectual Property | International Commercial and Trade | ITC | M&A | Mining, Energy and Infrastructure | Pharmaceutical | Project Finance | Public Law | Real Estate | Regulatory | Tax | Transfer Pricing.
Recent work highlights
We advised Citigroup Global Markets, Scotia Capital and SMBC Nikko Securities America who are the joint lead managers and book runners as Fenix Power Peru make its first international debt offering, issuing senior notes worth US$340 million.
Deal bond of the year by a debut Issuer – Bonds & Loans Latin America Deals of the Year 2017.
We advised LAMSAC on its first syndicated 10-year loan after been acquired by the French company Vinci Highwas SAS (Vinci Highways). This loan of PEN S/ 211,000,000.00 (US$65 million approximately) was obtained in order to finance the completion of construction works of the Via Expresa Linea Amarilla, a transport project that will benefit Lima population by decreasing the traffic density and enhancing the vehicular transit within the Callao region and the east and south area of the city of Lima. This is for sure a recognition to Vinci Highways management of LAMSAC business and its long-term plans in the Peruvian market.
In 2012 we worked on a landmark financing package worth US$527.2 million for the construction of the Vía Expresa Línea Amarilla toll road. The financing deal closed on 28 June 2012 and made use of a rarely used hybrid structure comprising two series of notes totalling US$445.2 million and loans amounting to US$82 million. This was the first time a hybrid bond and loan structure had been used to finance a toll road concession in Peru, while the bond issuance was thought to be the largest ever made by a non-sovereign entity in Peruvian currency.
We advised National Tourism Investments SA (Intursa), part of the Breca Group, regarding the acquisition of 99.97 per cent of the outstanding shares of Inversiones La Rioja SA, owner of assets of the Marriott International Inc hotel chain in Peru, for an amount of US$218 million. This was complex transaction with several regulatory edges, as the company was supervised by the SMV, and which required a particular legal analysis in terms of OPA rules, considering the number of sellers involved in the transaction, the percentage of shares for sale and the procedure for the exchange of the operation in the stock exchange of the Lima Stock Exchange.
Number of lawyers: partners – 31, associates – 66.Av. La Floresta 497, Piso 5
San Borja, Lima 41 - Perú
Tel: +51 1 618 8500
Fax: +51 1 372 7374www.echecopar.com.pe