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
HERNÁNDEZ & CÍA ABOGADOS HAVE HELPED CANADIAN MINER PAN AMERICAN SILVER BUY NATIONAL COUNTERPART TAHOE RESOURCES
Hernández & Cía Abogados, Borden Ladner Gervais LLP in Vancouver and Toronto and Mayora & Mayora SC (Guatemala) have helped Canadian miner Pan American Silver buy national counterpart Tahoe Resources, including the troublesome Escobal silver mine in Guatemala for some US$1.1 billion. Canadian miner targets gold and silver mines in Guatemala and Peru iStock.com/Liufuyu The … ContinuedRead more
“Hernández & Cía Abogados advised Expertia Travel SA, subsidiary of “The Carlyle Group” in Peru, which operates in the tourism sector and has presence in other Latin American countries, in the registration of 100% of the shares issued by said company in the Public Registry of the Superintendency of Securities Markets, and its listing in … ContinuedRead more
Hernandez & Cía Abogados, Cassels Brock & Blackwell and Harneys advised Polaris Infrastructure Inc. in the acquisition of Union Energy Group Corp. (UEG), a Peru-based developer of run-of-river hydro projects. The deal closed October 30th and included the jurisdictions of the United States, Canada, Peru and the British Virgin Islands, and involved six banks and … ContinuedRead more
HERNÁNDEZ & CÍA. ABOGADOS ADVISED BANCO SANTANDER PERÚ S.A. IN THE REGISTRATION OF THE FIFTH ISSUANCE OF THE SECOND LEASING BONDS PROGRAM FOR AN AMOUNT OF S / 85’000,000.00.
Hernández & Cía. Abogados advised Banco Santander Perú with the SMV in the total update (renewal) of its Santander Peru Second Leasing Bonds Program, for US$ 50 million, as well as the registration of the Fifth Issuance of such Second Leasing Bonds Program for up to S/ 85 million. The Fifth Issuance was placed on … ContinuedRead more
Hernández & Cía Abogados advised Inca Rail S.A., subsidiary of “The Carlyle Group” in Peru, which operates in the tourism sector and has presence in other Latin American countries, in the registration of 100% of the shares issued by said company in the Public Registry of the Superintendency of Securities Markets, and its listing in … ContinuedRead more
In the last month, Hernández & Cía. Law has incorporated seven new professionals to its legal team, maintaining its growth plan and reinforcing various practice areas. In that sense, we welcome: María Fe Álvarez-Calderón Campos, Corporate & Banking Ana Lucía Bustamante Abuid, Labor Ana Lucía comes from Ernst & Young Camila Díaz-Cano Bellido, White Collar … ContinuedRead more
Hernández & Cía. Abogados had advised Grupo Gloria -one of the biggest industrial conglomerate in Peru- in the sale of a majority stake in Industrias Cachimayo S.A. (Cachimayo), subsidiary of Yura S.A. (Yura) to Enaex S.A. (Enaex), which is -globally- the third largest producer of ammonium nitrate of industrial grade, with presence in 40 countries … ContinuedRead more