Cuatrecasas counsels on financing Credicorp’s acquisition of Proyecto Santa Luisa
Cuatrecasas, through its team in Lima, has counselled BTG Pactual on the structuring of the financing granted to Credicorp Capital Fondo de Inversión Inmobiliario Perú for the acquisition of Proyecto Santa Luisa.
The financing, which includes an asset trust and a cash flow trust to secure the transaction, will enable the development of a real estate project aimed at leasing office space to be operated by Credicorp Capital.
Kiomi Osorio, lead partner of the transaction, commented: “This is an interesting transaction, not only because of the project finance structure used to finance the project, but also because it is a sign that the dynamism of the real estate sector will contribute decisively to the economic reactivation of the country”.
Cuatrecasas’ team was led by partner Kiomi Osorio (pictured), with support from associates Angélica Congrains, Augusto Hostia, Jorge Saldaña and Laia Valdespino.