José Cúneo, Vanessa Watanabe and Alan García Nores

PRCP Abogados advises Minera Corona on $25m financing

Payet Rey Cauvi Pérez Abogados has advised Minera Corona on a $25 million financing granted by Banco Santander del Perú and Banco de Crédito del Perú (BCP).

The financing was granted through a club deal modality. The funds will be used to strengthen the financial strategies of the Sierra Metals economic group, current owner of Corona.

Rodrigo Elías & Medrano Abogados acted as advisor to the lending banks.

Corona is a Peruvian underground mining company with two production units in Yauricocha, Yauyos province and another in Carolina, Hualgayoc province.

PRCP’s team included partners José Cúneo (pictured left), Vanessa Watanabe (pictured centre) and Alan García Nores (pictured right).

Rodrigo Elías & Medrano’s team comprised partners Nicolás Cornejo and José Talledo, along with associates Santiago Neira and Mariana González-Prada.

L Giselle Estrada