Next Generation Partners

Firms To Watch: Capital markets

Led by Maria Del Pilar Sabogal and Mercedes Fernández, EY Law’s capital markets practice handles corporate matters, financings and regulatory issues and acts for multinational companies and banks; the team was bolstered in May 2022 with the arrival of senior manager Janett Burga from Rubio Leguía Normand.

Capital markets in Peru

Estudio Echecopar member firm of Baker McKenzie International

The capital markets team at Estudio Echecopar member firm of Baker McKenzie International has broad expertise, encompassing private and public offerings of senior notes and securitised bonds, bond issuances, and the structuring of shares in investment funds. It has recently acted for high-profile international and domestic banks, issuers, broker dealers and investment funds, as well as other market participants, in a range of complex deals, showcasing experience in the energy, engineering, construction and real estate sectors. Pablo Berckholtz heads the banking and finance practice and is chair of the Latin America capital markets steering committee; he advises both issuers and investment banks on corporate finance and derivatives, initial public offerings (IPOs), high-yield debt and project bonds. Alonso Miranda is a key member of the team, who handles domestic and international deals, with a focus on liability management transactions, securitisations and real estate deals, while associate Adrian Tovar offers considerable knowledge of securities market regulations and financing deals.

Responsables de la pratique:

Pablo Berckholtz


Les références

‘The capital markets team stands out for its solid knowledge of both the regulatory and transactional aspects of the stock market.’

‘Few legal firms have the knowledge and specialisation required for the projects that we have brought to the practice. One of those firms is Echecopar, and it was what made us hire them.’

‘They always have a good disposition for last-minute meetings.’

Principaux clients

Santander Investment Securities Inc.


Banco BTG Pactual


Citigroup Global Markets


HSBC Securities (USA)


JP Morgan Chase


International Swaps and Derivatives Association – ISDA


Larrain Vial


Credicorp Capital Servicios Financieros


Banco Internacional del Perú – Interbank


Scotiabank


Citibank


Bank of America


Principaux dossiers


  • Advised Consorcio Transmantaro, as issuer, in connection with an international securities offering of its 5.2% senior notes due 2038 for an aggregate principal amount of $500m pursuant to Rule 144A and Regulation S of the US Securities Act, as amended.
  • Advised Administradora Andina, a Chilean entity, in connection with the acquisition of a 100% equity interest of EFIC SAF, a fund manager in Peru.
  • Advised Banco Santander Perú as special Peruvian counsel, in connection with the offer made by Volcan Compañía Minera, to purchase up to $110m aggregate principal amount of its outstanding 4.375% senior notes due 2026.

Garrigues

Garrigues fields a sizeable capital markets team, which includes five partners, and advises on both debt and equity capital markets deals. Its broad expertise covers investment-grade bonds, project bonds, private placements, liability management, securitisation processes and sovereign debt offerings, as well as IPOs, and the team handles both domestic and cross-border deals. Oscar Arrús heads the team with over 30 years’ experience and is a key name for local securities regulation and domestic debt transactions, acting for issuers, agents and underwriters. Sergio Amiel focuses on equity deals and has a strong track record in IPOs for Peruvian companies, while Thomas Thorndike is a name to note for liability management and international debt offerings by Peruvian issuers under Rule 144A and Regulation S of the US Securities Act. José Francisco Meier handles regulatory issues and Diego Harman is experienced in both US and Latin American deals. Other key practitioners in the team include principal associates Miluska Gutierrez Vega and Jorge Fuentes, noted for cross-border debt transactions, and Monica Yrrarazabal, who re-joined the firm as senior associate in October 2022 after a stint at Simpson Thacher & Bartlett LLP in New York.

Responsables de la pratique:

Oscar Arrús


Les références

‘The team knows how to help the client on local and foreign capital market issues, especially the 144A/RegS rule in the US.’

‘Thomas Thorndike and Miluska Gutierrez Vega have a lot of experience in 144A/RegS transactions, and they manage to carry out the deals without a hitch.’

‘They are very fast and effective in the deliverables of the transactions.’

Principaux clients

Percent Technologies


Credicorp Capital Servicios Financieros


GM Operaciones


Banco BBVA


Citibank del Perú


Monachil Capital Partners


Bank of America


Dechert


AI Inversiones Palo Alto I


Intercorp Financial Services


Principaux dossiers


  • Advised a private credit investor on a $15m off-balance sheet/structured financing for LimaBikes (as originator), a start-up providing leases of motorcycles in Peru since 2019.
  • Advised Credicorp Capital, as arranger, on the first public issuance of short-term debt by Luz del Sur, a power distribution utility.
  • Advised institutional investors Prudential, Metlife and Cigna (as bondholders) on the $115m financing through an A/B bond issued in a private placement format for Salaverry Terminal Internacional, to refinance the modernisation and expansion of the Salaverry Multipurpose Port Terminal.

Miranda & Amado

Miranda & Amado’s capital markets practice advises on both equity and debt transactions and has a strong track record in international debt offerings and offerings by Peruvian banks under Rule 144A/Reg S. It acts for a roster of prominent international banks and financial institutions, as well as large domestic and regional banks and corporate clients. The team, which is led by Gabriela Dañino, stands out for its experience in international deals and its ability to provide tax structuring advice on complex capital markets transactions. Dañino offers expertise in domestic and cross-border deals and project finance, while veteran practitioner Juan Luis Avendaño, who has 20 years of experience in the market, stands out for his work on international offerings of debt instruments, hybrids and securitisations. José Miguel Puiggros is another experienced practitioner, who heads the firm’s banking and finance practice and handles financing transactions and bonds work, while Alvaro Del Valle is active in funds-related work and high-value transactions.

Responsables de la pratique:

Gabriela Dañino


Les références

‘A go-to capital markets team in Peru.’

‘Juan Luis Avendaño is excellent and particularly experienced in the banking sector.’

‘I have worked especially with José Miguel Puigross and Juan Luis Avendaño and what stands out in all of them is their availability, what I look for is to have lawyers who are always available to solve/absolve doubts, and in the Miranda & Amado team, I have found people who go at my pace.’

Principaux clients

Bank of America


JP Morgan Chase Bank


Terranum Capital Latin America Real Estate Fund I, LP


Credicorp Capital Servicios Financieros


Complejo Agroindustrial Beta


Banco Internacional del Peru – Interbank


Principaux dossiers


  • Advised BofA Securities, Citigroup Global Markets and JP Morgan Securities, as initial purchasers, with respect to the issuance of 4.6% notes due 2027 by Fondo Mivivienda under Rule 144A and Regulation S of the US Securities Act of 1933, for up to $600m.
  • Advising JP Morgan Securities and BofA Securities, as joint bookrunners and joint lead managers, on the international offering of senior notes of Consorcio Transmantaro, for the aggregate amount of $500m.
  • Advising Centro Empresarial Juan de Arona, owned by Terranum Capital Latin America Real Estate Fund I, with regard to the structuring, negotiation and incorporation of a securitisation trust, the issuance agreement and the offering memorandum for a securitisation bonds issuance by means of public offer.

Payet, Rey, Cauvi, Pérez Abogados

José Antonio Payet and Eduardo Vega head the capital markets offering at Payet, Rey, Cauvi, Pérez Abogados and act as lead counsel on some of the largest deals in the Peruvian market, advising a strong roster of high-profile financial institutions. Payet is recognised in the market for both corporate and financial matters, and in the capital markets space, handles securities offerings and securitisations; Vega, meanwhile, is recommended for the structuring and issuance of debt and equity transactions, and investment funds. José Cúneo is another key member of the team, with considerable experience in transactions in the mining industry; Alan García Nores brings considerable international experience to the team; and principal associate Rocio Gordillo is active in transactional matters, including securitisations and mutual funds.

Responsables de la pratique:

José Antonio Payet; Eduardo Vega


Les références

‘Eduardo Vega is very experienced.’

‘Rocío Gordillo stands out for the quality of deliverables.’

‘The firm differs from the others for its great expertise. Its lawyers are always available regardless of the time or day of the week. Commercial thinking – they understand /apply legal knowledge to the business.’

Hernández & Cía

Under the leadership of well-known practitioner Juan Luis Hernández, Hernández & Cía is active in equity and debt transactions, regulatory mandates and investment funds work. The team is no stranger to cross-border transactions and the issuance of bonds, and also handles interactions with regulators, including the Securities and Exchange Commission (SEC). Hernández acts for high-profile banks and has previously acted for the Republic of Peru; his areas of expertise include transactions, restructurings, reorganisations and regulatory work. José Manuel Abastos  is a corporate practitioner with experience in bond issuances and sovereign financing, while at the senior associate level, Erick Calla offers expertise in stock market regulation and Gloria Zubizarreta is experienced in sovereign offerings and compliance matters. Diego Carrión left the firm in July 2022. Since publication, Calla and Zubizarreta have been promoted to principal associate – effective as of February 2024.

Responsables de la pratique:

Juan Luis Hernández


Les références

‘They offer good technical knowledge of stock market regulation.’

‘Juan Luis Hernández has knowledge of the regulations and the strategies to deal with compliance.’

‘Strong team.’

Principaux clients

AB InBev Group


Backus


Aenza (Ex Graña y Montero)


Liderman


BBVA Peru


Faro


Scotia Fondos (Grupo Scotiabank)


Mipyme ICLV


The Carlyle Group


Universidad San Ignacio de Loyola


Clarios


Andino Investment Holding


Interseguro Compañía de Seguros


Banco Pichincha


Telefónica Factoring


Ernst & Young Peru


Principaux dossiers


  • Providing advice to Aenza on the multi-jurisdictional capital markets coordination and disclosure of information pertaining to the plea agreement between the company and the Peruvian Public Ad-Hoc Prosecutor.
  • Providing advisory services to AB InBev / Backus on a daily basis on all aspects related to stock market regulation, including administrative proceedings before the Peruvian SEC and reporting obligations to the same entity.
  • Advised Faro Capital on the structuring, launching and private placement of its fourth real estate investment fund, Faro Capital Fondo Inmobiliario IV.

Rebaza, Alcázar & De Las Casas

Rebaza, Alcázar & De Las Casas’ capital markets practice offers advice on regulatory and transactional matters, with a focus on public and private securities offerings, investment funds and securitisations, and also provides ancillary advice on capital markets-related tax matters. It is active in a broad range of sectors, including financial services, real estate, retail, mining and technology, and acts for high-profile corporations as well as banks. Rafael Alcázar heads the team and is well versed in cross-border transactions; he has established a name for banking regulation, financing and issues pertaining to the securities market and also sits as a head professor of the securities market course at the University of Lima. Daniel Gonzáles is a key contact for financing and restructuring matters in Peru and across Latin America, while Luis Miguel Elias acts for national and international clients and has considerable experience in deals in the mining sector. Senior associate Fiorela Ccahua is active in the department and focuses on regulatory and financing matters, including the issuance of financial instruments, the structuring of investment funds and the securitisation of assets, while associate Valeria Sánchez handles the structuring of financings for businesses and family estates.

Responsables de la pratique:

Rafael Alcázar


Les références

‘A specialised team that offers efficient legal collaboration.’

‘They offer a personalised service.’

‘They provide timely legal advice with specific knowledge of our business.’

Principaux clients

Fondo Mivivienda


Inmobiliaria Terrano y Operadora Portuaria


Leasy Peru


Andino Capital Holding Sociedad Gestora de Fondos de Inversión


Core Capital Sociedad Administradora de Fondos de Inversión – Core Capital


Prestamype Gestora de Fondos


Internacional de Títulos Sociedad Titulizadora – Intertitulos St.


Sigma Sociedad Administradora de Fondos de Inversión


Stonepeak Infrastructure Partners


Patagonia Holdco


Enel group


Sabbi


Banco BCI


Principaux dossiers


  • Advised Fondo MiVivienda on the issuance of $600m bonds due 2027 in the international market, and the repurchase of the 3.5% notes due 2021 for an amount of $477m (73.4% of the nominal value of the outstanding 2023 bonds).
  • Advised Magna Asesores Financieros on the structuring and implementation of the issuance of securitised bonds up to $100m from Operadora Portuaria and Inmobiliaria Terrano.
  • Assisted Sigma Safi on the liquidation process of its first investment fund.

Rodrigo, Elías & Medrano Abogados

The capital markets practice at Rodrigo, Elías & Medrano Abogados sits within the firm’s wider finance and M&A practice group and is led by Jean Paul Chabaneix, with Nydia Guevara and Jorge Trelles providing key support. The department acts for high-profile domestic financial institutions and large international commercial banks, and stands out for its focus on high-end, out-of-the-ordinary transactions. Guevara is a key practitioner, leading on many of the teams’ deals, focusing on domestic and international structured finance and equity transactions; other significant specialisms include project finance deals, securitisations, and private pension and investment fund investments. Trelles has established a name for Rule 144A / Reg S deals and has over 18 years’ experience in the capital markets arena.

Responsables de la pratique:

Jean Paul Chabaneix


Les références

‘The Estudio Rodrigo team is very solid in this practice; they have a lot of expertise.’

‘They are lawyers with a lot of expertise and technical knowledge of the matters.’

Principaux clients

Centenario Renta Inmobiliaria


The Central American Bottling Corporation


CBC Peruana


Salaverry Terminal Internacional


JP Morgan Securities


Goldman Sachs


BofA Securities


Citigroup Global Markets


Natixis Securities Americas


Deutsche Bank Securities


Scotia Capital (USA)


Credicorp Capital Sociedad Administradora de Fondos


Credicorp Capital Servicios Financieros


Principaux dossiers


  • Advised Centenario Renta Inmobiliaria, a real estate company, on setting up a $300m notes programme and on making its inaugural debt offer.
  • Advised The Central America Bottling Corporation and its Peruvian subsidiary on a $1.1bn sustainability-linked issuance and concurrent tender offer.
  • Advised Salaverry Terminal Internacional alongside White & Case’s New York office on a $115m A/B bond in Peru.

Rubio Leguía Normand

Rubio Leguía Normand fields a three-partner capital markets team under the leadership of Andrés Kuan-Veng; it was bolstered by the arrival of Gerardo Guzmán from BBGS ABOGADOS in February 2023 and also includes Carlos Arata. 2023 saw the firm take on several new capital markets clients, and it continues to handle an array of high-profile, cross-border ECM and DCM deals. Kuan-Veng is a key player in the market and brings 25 years of experience to both finance and capital markets transactions; he acts for investment and commercial banks, as well as blue-chip corporations. Arata is a key contact for corporate and finance transactions, including project finance and acquisition finance, and also handles the issuance of securities in capital market deals. At the associate level, Germán Gómez and Sheerley Cardenas are both recommended for corporate and financing work. Principal associate Janett Burga left the practice in April 2022.

Responsables de la pratique:

Andrés Kuan-Veng


Principaux clients

Credicorp Capital


Arca Continental Lindley


JP Morgan Chase


HSBC Securities


Citibank


Banco de Credito del Peru


Kallpa Securities


Protecta Compañia de Seguros


Petroperu


Fondo de Inversión Credicorp Deuda Soles


Principaux dossiers


  • Assisted Credicorp Capital in the $300m secured corporate inaugural bond programme of Centenario Renta Inmobiliaria.
  • Advised Credicorp and Banco de Credito del Peru on a securitisation of up to $256m.
  • Advised Corporacion Lindley (a subsidiary of Arca Continental) on the acquisition of investment shares of Corporacion Lindley, by means of a mandatory public tender offer through the Lima Stock Exchange.

Benites, Vargas & Ugaz

Benites, Vargas & Ugaz kickstarted its capital markets offering in March 2022 with the hire of Jeanette Aliaga from Muñiz, Olaya, Meléndez, Castro, Ono & Herrera Abogados. Key areas of focus for the practice include incorporations, corporate reorganisations, M&A and regulatory matters. Aliaga has over 20 years of experience in corporate and capital markets deals and acts for foreign and domestic banks and corporations in corporate, syndicated, structured and project finance, as well as initial and secondary securities offerings. The team was further strengthened in June 2022 with the arrival of senior associate Luis Hoyos from Petra Legal; he brings considerable experience in regulatory and compliance matters to the team.

Responsables de la pratique:

Jeanette Aliaga


Les références

‘The strength of the team is in the partner who is in charge, Jeanette Aliaga; she is a professional who doesn’t necessarily tell you what you want to hear. She advises by analysing the risks to which the decision adopted may be exposed.’

‘Jeanette Aliaga has vast technical knowledge on the subject and, above all, I value her honesty and courage in saying what is appropriate.’

‘I believe that with the incorporation of Jeanette Aliaga, as a partner of Estudio Benites, Vargas & Ugaz Abogados, the Capital Markets area of said firm has been significantly strengthened. Jeanette stands out for her in-depth knowledge of the capital market, her precise legal advice, as well as her ease in dealing.’

Principaux clients

Apoyo Clasificadora de Riesgos


Core Capital SAFI


Popular – Sociedad Administradora de Fondos de Inversión


Prival Bank


Enabling Qapital


Macrocapitales


FiduPeru


Banco Santander


Cooperativa de Ahorro y Crédito San Francisco


Linklaters Paris


Principaux dossiers


  • Advising Edpyme Mi Casita (junior trustee) on the structuring, review and modification of an administration trust and flow trust for the development of a real estate project developed by Inmobiliaria COHABITAT (trustor).
  • Advising Cooperativa de Ahorro y Crédito San Francisco Nº 289 (Cooperative of Savings and Credits) on the drafting, negotiation and closing of a credit transfer agreement (as seller) within the framework of a real estate trust for a project valued at more than $11m.
  • Advising several capital markets agents, providing permanent legal counselling and regulatory advice on capital markets and banking regulation.

CMS Grau

CMS Grau’s capital markets practice is on an upward trajectory and was significantly bolstered in 2022 with the arrival of Juan José Hopkins from SUMARA Hub Legal in September, and the hire of senior associates Cinthia Canepa in June and Andrea Paiba in December of the same year, from EY Law and Garrigues, respectively. The department acts for domestic and foreign financial institutions and companies in public and private securities offerings, structured products, placement processes and auctions. Hopkins now heads the team alongside Miguel Viale, Diego Peschiera and Juan Carlos Escudero; Viale maintains an active practice covering bank lending, trusts and securitisations; Peschiera is well versed in foreign and domestic issuances and subordinated debt matters; and Escudero brings experience in corporate transactions both in Peru and further afield.

Responsables de la pratique:

Juan Carlos Escudero; Miguel Viale; Diego Peschiera; Juan José Hopkins


Les références

‘We work very well with Estudio CMS Grau, especially with Diego Peschiera, who is the lawyer who helps us the most and advises us on financial legal issues. He and his team are always attentive to our queries, and we work very well as a team.’

‘Diego Peschiera is a serious and honest lawyer. Always willing to help and contribute to the exchange of ideas. He has a good perspective of our business and knows how to explain the legal aspects that relate to us. Diego is a lawyer who explains things very well and his recommendations are always well received.’

Principaux clients

Credicorp Capital Servicios Financieros


Banchile Administradora General de Fondos


Interbank


Migrante


Lufthansa


Acres


Kallpa Securities


PDC Capital


Pareto Securities


Banco Internacional del Perú


Interbank


Nexa Resources


Banco Falabella


Principaux dossiers


  • Advised Migrante on the creation of a trust with Grupo Coril for the securitisation of its loan portfolio, which will enable it to issue securitised bonds for up to $25m.
  • Advised Credicorp Capital on the registration of a subordinated bond issuance programme for Pacifico Seguros for the amount of $150m.
  • Advising Caja Municipal de Ahorro y Credito de Huancayo on the update of the documentation for the second negotiable certificates of deposit programme of CMAC Huancayo for the placement of its first issue for an amount of S/50m.

De Bracamonte - Haaker - Castellares

The capital markets team at De Bracamonte - Haaker - Castellares is well versed in real estate financing, regulatory matters, the issuance and placement of debt securities, and securitisation trust structures. The team is jointly led by Ricardo Manuel Haaker Yori and Christian Castellares Alfaro, with Haaker handling domestic and international deals, including syndicated loans, project bonds, trusts and secured transactions; he has recently handled a number of matters for Activa Private Debt Perú. Meanwhile, Castellares acts for issuers, sponsors and underwriters on project bond financings, and public and private issuances of asset-backed securities.

Responsables de la pratique:

Ricardo Manuel Haaker Yori; Christian Castellares Alfaro


Principaux clients

Inmobiliaria Basilea


Autoplan Empresa Administradora de Fondos Colectivos


Activa Private Debt Perú


Banco Internacional de Costa Rica (BICSA)


Tribeca Holding


Southern Bridge Capital (Perú)


Operadores Concentrados Peruanos


Principaux dossiers


  • Advised Autoplan Empresa Administradora de Fondos Colectivos on its role as issuer on the structuring of its second and third public offerings of its first bond issue programme, aimed at institutional investors.
  • Acted as the legal advisor of Activa Private Debt on the structuring of several securitisation trusts to issue private bonds in order to finance several real estate projects.
  • Advised Inmobiliaria Basilea on the structuring of a securitisation trust to issue private bonds in order to finance the execution of a real estate project.

DLA Piper Perú

DLA Piper Perú stands out for its experience handling cross-border deals for domestic and multinational companies, where it leverages its global office network. The team acts for issuers and underwriters in public equity and debt capital transactions, such as IPOs, follow-on offerings and listings in international markets, and is also known for the offering of investment-grade and high-yield bonds, including Rule 144A and Regulation S transactions. Sergio Barboza heads the firm’s banking and finance and capital markets offerings with over 20 years of experience, while senior associate Nelly Espinoza, a key member of the team who leads on high-profile deals, is recommended for compliance, day-to-day operations and sanctioning proceedings. Farah Torres is another key senior associate, who focuses on regulatory advice, financing and debt issues.

Responsables de la pratique:

Sergio Barboza


Les références

‘The speed of responses is very important these days, and DLA Piper offers this characteristic in its service.’

They are quick to respond, but also very clear and straight to the point.’

‘Good professionalism and speed in giving answers.’

Principaux clients

Credicorp Capital Servicios Financieros


Santander Consumo Perú


Agrícola y Ganadera Chavín de Huántar


Macrocapitales Sociedad Administradora de Fondos de Inversión Inteligo


BTG Pactual SAB


BTG Pactual


Conexa Asset Management


Rimac Compañía de Seguros


Financiera Oh


BD Capital


Principaux dossiers


  • Advised Inteligo on the issuing of second short-term instruments from the programme of Santander Consumo Perú.
  • Advised Credicorp Capital Servicios Financieros on the placement of negotiable certificates of deposit.

Lazo Abogados

Lazo Abogados has an impressive track record in transactional, regulatory and contentious matters and represents clients before the Central Bank (BCRP) and the banking and capital markets regulators. On the transactional side, it is well versed in cross-border deals, such as syndicated loans, securitisations, subordinated credits and financings. The team is led by Jorge Lazo, Fátima De Romaña, Daniel Lovon and Freddy Escobar, with Lazo bringing 20 years’ experience to the team in acting for high-profile banking clients; De Romaña handles cross-border financings and bank lending matters; Escobar is experienced in both equity and debt offerings; and Lovón is recommended for corporate and compliance matters. Claudia Tavara left for an in-house role at Sodimac in March 2022.

Responsables de la pratique:

Jorge Lazo; Fatima De Romaña; Daniel Lovon; Freddy Escobar


Principaux clients

Pacifico Compañía de Seguros y Reaseguros


Rimac Compañía de Seguros y Reaseguros


La Positiva Seguros y Reaseguros


Credicorp Capital Servicios Financieros


AC Capitales SAFI


Blanco Sociedad Administradora de Fondos


W Capital Sociedad Administradora de Fondos de Inversión


Principaux dossiers


  • Advised a private debt fund managed by the Credicorp financial group on the structuring and acquisition of private bonds issued by a transport and real estate conglomerate.
  • Advised Blanco Sociedad Administradora de Fondos, as a structuring entity, on the private issuance of BP7 Dólares and BP6 Soles’s first bond programme for a total value of $20m and S/20m, respectively.
  • Advised Credicorp Capital, which acted as structurer of Banco Ripley’s sixth programme of deposit certificates.

Philippi Prietocarrizosa Ferrero DU & Uria

Led by Antonio Guarniz, the capital markets practice at Philippi Prietocarrizosa Ferrero DU & Uria is well known in the market for its advice on securities regulations and transactional matters. It acts for issuers, brokerage firms, fund managers and banks in domestic bond issuances, securitisation structures, regulatory matters and fund formation, and also represents clients before enforcement authorities. Guarniz handles a broad range of financial transactions, such as issuance programmes of debt instruments, equity issues, syndicated loans and asset securitisations, as well as acquisitions and takeover bids. Victor Bravo provides support at the associate level and is a key contact for regulatory and compliance matters.

Responsables de la pratique:

Antonio Guarniz


Les références

‘Antonio Guarniz has knowledge of the capital markets in Peru and, above all, knows the relevant precedents of jurisprudence. Likewise, having worked at the regulator, he has experience of the meaning of the regulations applicable to Peru.’

‘They have offices in Latin America, which allows them to offer comprehensive advice at an international level.’

‘They are a well-rounded team, and they work very well together.’

Principaux clients

Grupo BVL


Bolsa de Comercio de Santiago


Bolsa de Valores de Colombia


Enfoca Sociedad Administradora de Fondos de Inversión


Centenario Desarrollo Urbano


Alicorp


Aeropuertos del Perú


Empresa Editora El Comercio


Protecta Compañía de Seguros


Popular SAFI


Banco de Crédito del Perú


Community Investment Management (CIM)


Inversión y Desarrollo Sociedad Agente de Bolsa


Inversiones Centenario


Faro Capital Sociedad Administradora de Fondos


Desarrollo Educativo


Diviso Grupo Financiero


Core Capital Sociedad Administradora de Fondos


Grupo Coril Sociedad Titulizadora


Enfoca Servicios Logísticos


Acres Sociedad Titulizadora


Agroindustrial Paramonga


Principaux dossiers


  • Advising Grupo BVL (parent company of the Lima Stock Exchange, the Peruvian Stock Exchange), Bolsa de Comercio de Santiago and Bolsa de Valores de Colombia on a deal aimed to integrate the three markets both in ownership and operations, trading platforms, etc.
  • Advising Centenrio Desarrollo Urbano, as issuer, on the negotiation and public placement of a programme of commercial papers for the amount of S/300m.
  • Advising Aeropuertos del Perú, as originator of a securitisation trust, on the negotiation and private placement of a third bond issuance, under its first bond programme.