Echecopar acts in Banco Falabella’s issuance of deposit certificates
Estudio Echecopar, associated with Baker & McKenzie International, acted as advisor to Scotiabank Peru, as structurer, and Scotia Sociedad Agente de Bolsa, as placement agent, in the public offering of the First Issue of Certificates of Deposit – Series B of Banco Falabella for an amount of $100 million Peruvian soles.
The issue was made under its Seventh Negotiable Certificates of Deposit Programme for up to $350 MM Peruvian soles. The funds will be used for the financing of the issuer’s banking activities.
Echecopar’s team consisted of partner Alonso Miranda (pictured left) and associate Ana Paula Saavedra (pictured right).
