RAD assists in new issue of Maderacre Bonds
Rebaza, Alcázar & De Las Casas has assisted an investment fund, managed by Compass Group SAF, as investor, in the Second Private Issuance of Maderacre Securitized Bonds, for up to S/35 million.
The issuance was carried out under Maderacre’s First Securitised Bond Issuance Programme. Magna Asesores Financieros acted as financial advisor to Maderacre.
The bonds are backed by a securitisation trust that includes, among others, collection rights and cash flows from sales contracts entered into between Maderacre and certain customers for the marketing of Verified Carbon Credits (VCUs). In addition, the bonds were issued through a private offering and are aimed exclusively at institutional investors.
Diego Vilchez acted as in-house counsel for Compass Group.
RAD’s team was led by partner Daniel Gonzales (pictured), with support from senior associate Fiorela Ccahua.