Hernández & Cía. advised a syndicate of lenders formed by Banco Interamericano de Finanzas (BanBif) and Corporación Financiera de Desarrollo (COFIDE) on a USD 65,000,000 financing operationin favor of Petrotal Perú.
Petrotal Perú is a company engaged in the exploration, development and production of crude oil in Peru, which operates Block 95 (hydrocarbons).
The financing will be used to build five breakwaters that will provide better protection for the town of Bretaña (Puinahua, Loreto) and Lot 95 (Pucallpa, Ucayali), caused by erosion from the surrounding rivers.
Our team participated in this advisory:
Partner: Jose Goyburu
Senior Associate: Andrea Limón
Associate: Rosario Miranda