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PPU advised Scotiabank Peru on Fallabella bond issue

  • News
  • 13 February 2018
  • 242
  • 1 minute read
Philippi Prietocarrizosa Ferrero DU & Uría acted for Scotiabank on the $62 million corporate bond by Falabella in Peru. 

Falabella Perú is the local subsidiary of Falabella, the Chile-headquartered retail multinational and one of the largest retail chains in Latin America.

The transaction, valued locally at S/ 200 million (Peruvian nuevos soles, aproximately $62 million) and is the second emission of the second corporate bond programme by Falabella Peru. The proceeds of the emission will be used for debt refinancing and general corporate purposes.

Partner Ignacio López de Romaña led the PPU team advising Scotiabank Peru, the lead arranger in the transaction.

Falabella Perú instructed CMS Grau.

Ignacio Abella

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