Market: Peru

Canada’s Mitel expands LatAm footprint with cross-border buy

Canadian telecoms company Mitel has hired several international and Latin American firms to acquire Unify, the communications arm of France-headquartered IT company Atos Group.

20 October 2023

Hunt Oil subsidiary makes debt tap in Peru

Garrigues in Lima has helped the Peruvian branch of US energy business Hunt Oil Company make a US$450 million notes offering to buy back existing debt

19 October 2023

Deal Tracker: Which partners were the busiest in Q1 & Q2 2023?

In our most recent Deal Tracker Report, Latin Lawyer reveals which law firm partners across Latin America worked on the most transactions in the first half of the year.

11 October 2023

Electricity investor reports win against Peru

A Singaporean company linked to an Israeli billionaire has won US$116 million in a third-party funded International Centre for Settlement of Investment Disputes (ICSID) claim against Peru over its investments in the state’s electricity sector.

11 October 2023

Peruvian fishing group Exalmar reels in US$150 million loan

Peruvian fishing company Pesquera Exalmar has hired Miranda & Amado to secure a US$150 million loan to refinance existing debt.

10 October 2023

Telecoms business Sites del Perú issues inaugural bonds

Three Willkie Farr & Gallagher LLP offices, Rodrigo, Elías & Medrano Abogados in Lima and DRB Abogados in Mexico City have helped the Peruvian subsidiary of telecoms infrastructure company Sitios Latinoamérica make its inaugural bond issuance, worth US$235 million.

05 October 2023

Peru on the hook for ICC awards in Canada

A Canadian court has ruled that International Chamber of Commerce (ICC) awards worth US$190 million rendered against a Peruvian ministry and one of its entities are also enforceable against Peru as they have no separate legal identity.

05 October 2023

CMS Grau mining partners move to Payet Rey

Peruvian Elite firm Payet, Rey, Cauvi, Pérez Abogados has nabbed three mining partners from CMS Grau, just months after the Highly Recommended outfit lost a partner and nine associates from its real estate and natural resources divisions.

02 October 2023

DLA Piper helps NGOs pro bono on Peruvian debt-for-nature swap

Five DLA Piper LLP offices have provided pro bono legal advice to four international non-government organisations – including World Wildlife Fund (WWF) – as they signed a debt-for-nature swap, cutting Peru’s debt to the US by US$18 million over the next 13 years.

02 October 2023

Ex-PPU partner becomes chair of Affinitas

Chilean lawyer Marcelo Armas, a former partner and co-chair of regional law firm Philippi Prietocarrizosa Ferrero DU & Uría, has become the new chair of Affinitas, an alliance of four Elite firms from the Pacific Alliance countries.

28 September 2023

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