PPU advised Amerra on $30m financing in Peru
Philippi Prietocarrizosa Ferrero DU & Uría helped Amerra, acting as administrative agent, on a $30 million loan to Silvestre.
Amerra is an alternative asset management firm which provides strategic capital to agri-business companiesAmerra is an alternative asset management firm which provides strategic capital to agri-business companies
Silvestre Peru and Neoagrum, the borrowers, are pesticides producers and part of Grupo Silvestre, a Peruvian agribusiness holding company.
The deal involves a complex collateral structure that includes an asset trust, a fund flows trust, a pledge over inventories, a corporate guaranty provided by local companies and individuals and a collateral management agreement.
Amerra instructed a team at PPU led by partner Ignacio Lopez de Romaña.
Muñiz Olaya Melendez Castro Ono & Herrera Abogados acted for the borrowers, with partner Andrés Kuan-Veng fronting the team.