Echecopar assists in new issue of Falabella’s deposit certificates

Estudio Echecopar, associated with Baker & McKenzie International, has assisted Scotiabank Peru, as structurer, and Scotia Sociedad Agente de Bolsa, as underwriter, in the public offering of Negotiable Certificates of Deposit under Series K of the Second Issue of Certificates of Deposit of Banco Falabella for an issue amount of S/ 50.78 MM.

This issue was made under the Sixth Negotiable Certificates of Deposit Programme for a maximum amount of up to S/ 350 MM. The proceeds will be used to finance the banking activities of the issuer.

Echecopar’s team was composed by partner Alonso Miranda (pictured left) and associates Adrian Tovar (pictured centre) and Ana Paula Saavedra (pictured right).