Market: Peru

China Three Gorges moves to up stake in Peru’s Luz del Sur

Peru’s Muñiz, Olaya, Meléndez, Castro, Ono & Herrera has helped Chinese state-owned power company China Three Gorges launch a US$569 million bid to acquire an additional stake in the Andean country’s largest electricity company, Luz del Sur.

08 February 2021

Latham and Miranda & Amado steer Peruvian oil block sale

Three Latham & Watkins LLP offices and Miranda & Amado Abogados in Lima have helped Colombian oil company Ecopetrol and South Korean counterpart Korea National Oil sell Offshore International Group (OIG) – which operates oil fields in Peru – to US investor De Jong Capital.

05 February 2021

Rodrigo Elías steers university loan in Peru

Rodrigo, Elías & Medrano Abogados has helped a syndicate of lenders grant a 193 million pesos (US$53 million) financing package to Peru’s Cesar Vallejo university, including a credit facility and a private bond placement.

01 February 2021

Peruvian miner secures credit to pay off tax debt

Peruvian miner Compañía de Minas Buenaventura has hired Milbank in New York and García Sayán Abogados in Lima to obtain syndicated letters of guarantee for 2.2 billion soles (US$582 million) to pay off debt owed to the country’s tax authority, SUNAT.

22 January 2021

Telefónica sells assets to American Tower in US$9.4 billion deal

US telecoms infrastructure company American Tower has hired three Allen & Overy LLP offices, Marval O'Farrell Mairal in Buenos Aires, Brazil’s Pinheiro Neto Advogados and DLA Piper LLP in Santiago and Lima to acquire the communication tower division of Telefónica’s subsidiary Telxius for US$9.4 billion.

19 January 2021

Rebaza Alcázar and Echecopar return for Peruvian fishing loan

Rebaza, Alcázar & De Las Casas has helped fishing company Pesquera Hayduk get a US$100 million credit facility, the proceeds of which the company will use to repay existing debt.

19 January 2021

Sandvik relies on LatAm firms for global mining deal

Multiple Norton Rose Fulbright offices and a slew of Latin American law firms have helped Swedish engineering company Sandvik acquire multinational mining solutions company DSI Underground from European investor Triton for 943 million euros (US$1.1 billion).

15 January 2021

Peruvian investor snaps up Andean assets

Garrigues (Peru) and Guevara & Gutiérrez - Servicios Legales in La Paz have helped Peruvian investment group Colca Capital acquire local information management company Polysistemas and its Bolivian subsidiary.

12 January 2021

Hernández & Cía adds tax and labour partners

Peruvian firm Hernández & Cía Abogados has added to its tax offering by hiring a senior associate from CMS Grau as partner, and promoting one senior associate in its labour practice to the top rank.

11 January 2021

Six firms take Peruvian supermarket acquisition to the till

Three Skadden, Arps, Slate, Meagher & Flom LLP offices and Payet, Rey, Cauvi, Pérez Abogados in Lima have helped Peruvian supermarket chain InRetail acquire fellow retailer Makro Supermayorista for US$360 million.

11 January 2021

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