PPU Perú counsels Monte Azul Sur on corporate bonds issuing

Philippi Prietocarrizosa Ferrero DU & Uría has advised Monte Azul Sur on $12m corporate bonds issuing

Philippi Prietocarrizosa Ferrero DU & Uría advised Monte Azul Sur S.A.C., as an issuer, in the negotiation and placement of corporate bonds for $12 million, through a private offering.

The proceeds will fund constructions in storage and dispatch of fuel in a dock located at the city of Mollendo, Arequipa and other corporate uses of the issuer.

Monte Azul Sur is a subsidiary of Corporación Monte Azul, a holding dedicated to developing logistic and Real Estate projects in Perú.

Philippi Prietocarrizosa Ferrero DU & Uría team was led by partner Antonio Guarniz, and involved associate Annie Collazos.