Market: Peru

Peruvian healthcare group makes cross-border issuance

Davis Polk & Wardwell LLP in New York, Rodrigo, Elías & Medrano Abogados in Lima and Posse Herrera Ruiz in Bogotá have helped Peruvian healthcare provider Auna issue US$300 million worth of notes, while the company has also obtained a separate loan to expand a clinic.

27 November 2020

I Squared Capital subsidiary expands power loan in Peru

Peru’s Rodrigo, Elías & Medrano Abogados has helped a local subsidiary of US private equity group I Squared Capital add US$220 million to a previously obtained loan to fund its Peruvian power assets.

26 November 2020

Peru's Rebaza Alcázar structures two investment funds

Rebaza, Alcázar & De Las Casas has helped the Peruvian branch of regional investor HMC Capital launch two investment funds worth nearly US$500 million.

25 November 2020

LatAm firms in Advent’s US$2.7 billion global buy of Nielsen business

Several Ropes & Gray LLP offices, Brazil’s Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados and Creel, García-Cuéllar, Aiza y Enriquez SC in Mexico City have helped private equity investor Advent International buy Nielsen’s retailer data business, Global Connect, for US$2.7 billion.

23 November 2020

US agribusiness investor snaps up Peruvian asset

The Continental Grain Company has hired Rodrigo, Elías & Medrano Abogados in Lima and Morgan & Morgan in Panama City to acquire a stake in Peru’s Multifoods.

19 November 2020

Peru threatened with arbitration over environmental fine

A cacao plantation owner has threatened to file an International Center for the Settlement of Investment Disputes (ICSID) claim against Peru after it was hit with a US$35 million fine for breaching environmental regulations.

18 November 2020

Peruvian firms steer US$226 million solar financing

Rodrigo, Elías & Medrano Abogados in Lima has helped the local subsidiaries of Spanish renewables company Solarpack and French private equity group Ardian obtain a US$226 million financing for three solar projects in the south of Peru.

16 November 2020

Several LatAm firms in US$3.2 billion cross-border salt mining deal

Gibson, Dunn & Crutcher LLP in Los Angeles and Munich and Chilean firm Claro & Cía have helped US holding company Stone Canyon Industries acquire German chemicals company K+S’ salt mining business in Brazil, Chile, Peru, Canada and the US for US$3.2 billion.

11 November 2020

PPU helps Uber defeat unfair competition claim in Peru

Philippi Prietocarrizosa Ferrero DU & Uría (Peru) has helped Uber win a landmark case before Peru’s competition authority INDECOPI, which argued that the company is not defined as a taxi service and does not compete with local taxi companies, allowing the US transport giant to continue its services.

09 November 2020

Peru’s Grupo Gloria enters Chile with cement buy

Miranda & Amado Abogados in Lima and Barros & Errázuriz Abogados in Santiago have helped Peruvian conglomerate Grupo Gloria enter Chile by acquiring a minority stake in local cement maker Cementos Bío Bío for US$47 million.

06 November 2020

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