We advised Proinversión in the first PPP, under the modality of a Co-financed Private Initiative, awarded with the recent regulatory changes to the Public-Private Partnerships (PPP). This project seeks to treat, with a sophisticated procedure, wastewater before reaching Lake Titicaca, to avoid contamination. The project includes the operation and maintenance of wastewater treatment plants in … ContinuedRead more
WE ADVISED CREDICORP CAPITAL SERVICIOS FINANCIEROS AND BCP ON A LOAN TO REAL ESTATE COMPANY FOR AN ACCUMULATED AMOUNT OF UP TO US $ 75 MM
We advised Credicorp Capital Servicios Financieros and Banco de Credito del Peru in the structuring of a USD 75’000,000.00 financing granted in favor of the companies: Inmobiliaria Alquife S.A.C., Alquife del Sur S.A.C. and Inversiones Aleste S.A.C, which are engaged in real estate activities, mainly in the operation and leasing of warehouses, through the BSF … ContinuedRead more
HERNÁNDEZ & CÍA ADVISED BANK OF CHINA LIMITED IN THE US$850 FINANCING GRANTED IN FAVOR OF CHAGLLA HOLDINGS LIMITED
Hernández & Cía (Peru) and Allen & Overy LLP (New York) advised Bank of China Limited, Luxembourg Branch, acting as Administrative Agent, as well as Bank of China Limited, Industrial and Commercial Bank of China Ltd. and BBVA Banco Continental, acting as lenders, in the USD 850,000,000 financing granted in favor Chaglla Holdings Limited, a … ContinuedRead more
HERNANDEZ & CÍA ADVISED ABRAAJ GROUP IN THE SELL OF ABRAAJ´S LATAM DIVISION PURCHASED BY COLONY CAPITAL.
Hernandez & Cía advised Abraaj Group in Peru regarding the sell of Abraaj´s Latam Division purchased by Colony Capital. The parties executed a definitive agreement for Colony Capital and the existing management team to acquire the Abraaj Group’s private equity platform in Latin America. Hernandez & Cía also advised Deloitte & Touche and Deloitte LLP … ContinuedRead more
HERNÁNDEZ & CÍA. ABOGADOS ADVISED INTERBANK AND COFIDE IN THE EXECUTION OF A LOAN CONTRACT WITH EMPRESA ELÉCTRICA AGUA AZUL S.A. FOR UP TO USD 33MM
“We advised INTERBANK and COFIDE in the financing of USD 33’000’000.00 granted in favor of Agua Azul Electric Company (Alux Clean Energy group), holder of the concession to carry out the development of the Potrero Hydroelectric Plant in the region of Cajamarca, Peru. The financing is structured as a medium-term loan and is guaranteed on … ContinuedRead more
HERNÁNDEZ & CÍA ABOGADOS ADVISED FARO CAPITAL SAF S.A. IN THE STRUCTURING AND ISSUANCE OF FARO CAPITAL FONDO INMOBILIARIO II, FOR AN AMOUNT OF S / 26’500,000.00
We advised Faro Capital SAF S.A., as manager of Faro Capital Fondo Inmobiliario II, in the structuring and issuance of this fund’s interests amongst several Peruvian family offices. The issuance of the fund’s interest was successful and almost reached the maximum amount of issuance allowed for this fund. The creation of this investment fund reflects … ContinuedRead more
HERNÁNDEZ & CÍA. ABOGADOS ADVISED GTM HOLDINGS S.A. IN A SYNDICATED FINANCE FACILITY OF US$ 150 MILLIONS
Hernández & Cía. Abogados advised GTM Holdings S.A. in a syndicated finance facility of US$ 150,000,000.00 granted by a syndicate of banks led by Citibank, N.A. The advisory of Hernández & Cía. Abogados consisted in negotiating and preparing the local guarantees that were granted by Corporación GTM del Perú S.A., the Peruvian subsidiary of GTM … ContinuedRead more
At the end of January 2019, after conducting a review process on the compliance of legal requirements, the Telecommunications Ministry determined that the Resolution which assigned the radio frequency band to Bitel was issued in accordance with laws and regulations in force at the date of issue. Therefore, the legal title that Bitel has over … ContinuedRead more
MARINAZUL BUYS FISHING COMPANY LA FRAGATA IN PERU. HERNÁNDEZ & CÍA. ABOGADOS ADVISED THE SELLING SHAREHOLDERS OF 100% OF THE SHARES OF LA FRAGATA S.A.
Marinazul, one of the main shrimp producers in Peru and subsidiary of the Camposol Group, acquired 100% of the shares of La Fragata S.A, a company of hydrobiological and fishery products located in the north of the country. The shareholders of this company accepted a purchase agreement whose amount can not be disclosed. Hernández & … ContinuedRead more
HERNÁNDEZ & CÍA ABOGADOS ADVISED BANCO SANTANDER S.A. IN THE TOTAL REPAYMENT OF THE FINANCING OF US$ 200,000,000 GRANTED IN FAVOR OF CONCESIONARIA VIAL SIERRA NORTE S.A.
Hernández & Cía Abogados (Peru) and Clifford Chance (USA) advised Banco Santander, S.A., acting as Mandated Lead Arranger, and the Corporación Andina de Fomento, Banco Santander, Sumimoto Mitsui Banking Corporation, and the Instituto de Crédito Oficial, acting as Existing Lenders, in the total repayment of the financing granted by the Existing Lenders in favor of … ContinuedRead more
HERNÁNDEZ & CÍA. ABOGADOS ADVISED THE INITIAL INVESTORS IN THEIR PARTICIPATION IN THE FIRST PRIVATE PLACEMENT IN THE PERUVIAN TRANSPORT INFRASTRUCTURE MARKET, THROUGH THE ACQUISITION OF THE NOTES ISSUED FOR APPROXIMATELY US$ 350’000,000
Hernández & Cía. Abogados (Peru), Shearman & Sterling (New York) and Hogan Lovells (The Netherlands) advised the Initial Investors (Purchasers) in the first Private Placement in the Peruvian transport infrastructure market and the only infrastructure securitization in Peru since 2015, through the acquisition of notes issued for approximately US$ 350’000,000.00, pursuant to Rule 4(a)(2) of … ContinuedRead more
Minority shareholders transfer of their 29.3% stake of Culqi, fintech startup Minority shareholders of Soluciones Móviles S.A.C. (“Culqi”), where advised by Hernández & Cía. Abogados in the transfer of their 29.3% stake of shares of Culqi, Peruvian fintech startup which develops and operates a platform for accepting online payments. The transaction involved the purchase by … ContinuedRead more