Diego Rodríguez

Ferrere assists in $220m credit facility to Alicorp

Ferrere, through its Uruguay team, has assisted a consortium of banks, including Sumitomo Mitsui Banking Corporation and Bank of America, in providing a credit facility of approximately US$220 million to Alicorp.

The proceeds of the loan, which was closed at the end of August, will be used to refinance a debt facility, as well as for other corporate purposes.

The loan was issued in two parts: a three-year US$120 million revolving credit facility and a five-year US$100 million revolving credit facility.

Alicorp is a Peruvian retail company.

Ferrere’s team was led by partner Diego Rodríguez (pictured), with support from lawyers Federico Lemos Lorenzo and Cecilia Trujillo.

Ferrere assists in $220m credit facility to Alicorp

L Giselle Estrada

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