Market: Peru

Credicorp subsidiary buys Peruvian e-commerce business

Krealo, the corporate venture capital subsidiary of Credicorp, has hired Garrigues (Peru) to acquire local e-commerce brand Sami Shop.

08 July 2022

Benites Vargas hires tax head in Peru

Highly Recommended Peruvian firm Benites, Vargas & Ugaz Abogados has recruited a partner from global law firm ONTIER’s Lima office as head of its tax department.

01 July 2022

Peruvian airport gets cross-border loan

Three Latin American firms have helped Peruvian airport services provider Talma obtain a US$135 million financing to repay existing debt.

27 June 2022

Peruvian plastics maker obtains financing

Hernández & Cía in Lima has helped Scotiabank and its Peruvian subsidiary lend US$44 million to Peruvian plastics manufacturer OPP Film.

24 June 2022

LATAM Airlines wins Chapter 11 plan approval

Over two years after it sought Chapter 11 protection in New York, LATAM Airlines has received court approval of a restructuring plan that will facilitate the injection of about US$8 billion through a capital increase, the issuance of convertible bonds and new debt.

22 June 2022

Several firms steer Peruvian hotel loan

Estudio Echecopar member firm of Baker McKenzie International in Lima has helped hotel group Belmond Peru obtain a US$30 million loan.

17 June 2022

Peru's Cerro Verde gets US$350 million loan

Peruvian mining company Sociedad Minera Cerro Verde has enlisted local firm Rodrigo, Elías & Medrano Abogados to obtain a syndicated loan of US$350 million.

14 June 2022

Peruvian railway operator secures financing

Train operator PeruRail has enlisted Estudio Echecopar member firm of Baker McKenzie International in Lima to obtain a US$65 million loan.

14 June 2022

Several firms guide Petroperú in consent solicitation

Oil company Petroperú has enlisted Clifford Chance LLP in New York and Rubio Leguía Normand in Lima to sign a consent solicitation agreement with noteholders to renegotiate the terms of US$3 billion worth of debt.

08 June 2022

Echecopar helps amend Peruvian cement loan

Estudio Echecopar member firm of Baker McKenzie International has helped the Peruvian branch of Scotiabank amend an existing US$30 million for local cement producer Unión Andina de Cementos.

08 June 2022

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