Market: Peru

CMS Grau promotes insolvency partner in Peru

Peruvian Highly Recommended firm CMS Grau has promoted a bankruptcy counsel to its senior rank, less than a month after it appointed two real estate partners.

09 December 2021

Azul backs off from LATAM offer after restructuring filed

Two days after South America’s largest airline LATAM submitted a Chapter 11 plan in New York, one of its Brazilian competitors has backed off from an offer to combine with the Chile-headquartered company.

08 December 2021

Peruvian builder gets US$190 million loan

Simpson Thacher & Bartlett LLP in New York and Rodrigo, Elías & Medrano Abogados in Lima have helped Peruvian construction company Urbanova obtain a US$190 million loan from a syndicate of 10 banks.

06 December 2021

Familiar firms return for Peru’s sovereign social bonds

Paul Hastings LLP in New York and Rebaza, Alcázar & De las Casas in Lima have helped the Republic of Peru raise 1 billion euros (US$1.1 billion) in a sovereign social bond issuance, less than a month after it offered its first sustainable debt.

02 December 2021

Peruvian agribusiness loan calls on four firms

Peruvian agricultural exporter Ecosac has relied on Linklaters in New York and Rubio Leguía Normand in Lima to obtain a US$94 million loan.

26 November 2021

LATAM Airlines gets additional US$750 million DIP financing

LATAM Airlines has hired several international and Latin American law firms to obtain an additional US$750 million debtor-in-possession (DIP) financing, part of the aviation group’s Chapter 11 bankruptcy proceedings.

24 November 2021

Colombia’s Altra sells Peruvian IT assets to Brazilian buyer

Hernández & Cía Abogados has helped Bogotá-based Altra Investments sell IT services business Corporación Sapia to Brazilian Stefanini Group.

24 November 2021

PPU and Miranda & Amado advise on two Peruvian airport loans

Philippi Prietocarrizosa Ferrero DU & Uría (Peru) has helped airport concessionaire Aeropuertos del Perú obtain two credit lines worth a total of US$123 million.

23 November 2021

Peru’s CMS Grau appoints two real estate partners

Peruvian Highly Recommended firm CMS Grau has promoted two real estate practitioners to partner.

19 November 2021

Multiple firms in cross-border Peruvian logistics acquisition

Global alternative investment group HIG Capital has relied on Debevoise & Plimpton LLP in New York, RocaJunyent in Madrid, Rebaza, Alcázar & De Las Casas in Lima, Ferrere in Bolivia and CorralRosales in Ecuador to purchase a majority stake in Peruvian third-party logistics company Grupo Ransa.

17 November 2021

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