Market: Peru

LATAM Airlines completes debtor-in-possession loan

Multiple international and Latin American law firms have helped in the closing of LATAM Airlines’ US$2.45 billion debtor-in-possession (DIP) financing, after overcoming several judicial hurdles.

14 October 2020

Peru’s Rebaza Alcázar in Canadian mining offering

Sullivan & Cromwell LLP in New York, Goodmans LLP in Toronto and Peru’s Rebaza, Alcázar & De Las Casas have helped Canadian mining company Hudbay issue US$600 million worth of notes.

14 October 2020

Four firms in COFIDE’s return to the international capital markets

Clifford Chance LLP in New York and Muñiz, Olaya, Meléndez, Castro, Ono & Herrera in Lima have helped Peru’s Corporación Financiera de Desarrollo (COFIDE) return to the international capital markets after five years with a US$500 million issuance.

12 October 2020

Peruvian firms in education social bond swap

BBGS Abogados Perú has helped Peruvian education group Innova Schools issue social bonds as part of a notes exchange, worth 132 million Peruvian soles (US$36 million) in total.

08 October 2020

Rebaza Alcázar hires data protection counsel

A former associate has returned to Peru’s Rebaza, Alcázar & De Las Casas as counsel, having previously worked at the country’s data protection authority.

05 October 2020

Ex-partner returns to DLA Piper in Peru as of counsel

DLA Piper (Peru) has rehired a former partner as of counsel to head the firm’s industrial and intellectual property practice.

02 October 2020

Rodrigo Elías steers supermarket loan in Peru

Rodrigo, Elías & Medrano Abogados has helped BBVA Peru lend 120 million Peruvian soles (US$34 million) to local supermarket chain Supermercados Peruanos.

29 September 2020

Peru’s congressional corruption investigation labelled overambitious

A new congressional committee set up in Peru to investigate potential corruption in the construction sector has not been given a realistic time frame and risks jeopardising prosecutorial probes, according to local experts.

23 September 2020

Germany’s Delivery Hero expands in Latin America

Cuatrecasas in Madrid and Lima, three Arias offices and Ferrere (Ecuador) have helped German on-demand food services business Delivery Hero buy Spanish counterpart Glovo’s entire Latin American operation for 230 million euros (US$273 million), adding several new markets to its existing regional portfolio.

21 September 2020

Brazil and Peru’s debt capital markets activity dips in 2020

Featured in Deal reports 2020

Debt capital markets activity rose in Argentina, Chile and Colombia during the first half of 2020 compared to the same period in 2019, according to data collected by Latin Lawyer – while Peru saw a drop in the number of these deals and Brazil experienced a shift in favour of the equity capital markets.

21 September 2020

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