Intercorp Peru $348 million refinancing

10/2/2015
Investment grade bond/note issue, Refinancing

$ 348 million

Completed

10/2/2015


Overview:

  • Intercorp Peru has refinanced its debt with a $98 million bond issuance in Peruvian Soles in the local market, a $250 million bond issuance in the international capital markets, and $250 million cash tender offer.
  • Citigroup and Credit Suisse acted as initial purchasers.
  • Sacovertiz Abogados advised Intercorp Peru.
  • Miranda & Amado (Juan Luis Avendaño Cisneros) and Simpson Thacher & Bartlett advised the initial purchasers.

Rani Mehta - Journalist - Latin America

Jurisdiction:

Peru

Deal types:

Investment grade bond/note issue
Refinancing

Practice area:

Capital markets : Debt


Firms:

Party: Citigroup (Initial purchaser)

Party: Credit Suisse (Initial purchaser)


Party: Intercorp Peru (Issuer)


Party: Citigroup (Initial purchaser)

Party: Credit Suisse (Initial purchaser)