RAD counsels on $14m loan to Olympic Peru
Rebaza Alcázar & De Las Casas has counselled Scotiabank Peru, as lender, in the negotiation and disbursement of a medium-term loan for USD $14 million, granted in favor of Olympic Peru Inc. Sucursal del Perú.
The loan was disbursed on August 15. The funds will be used to finance Olympic’s natural gas expansion investments.
Olympic Peru is a branch of a major oil company that currently holds the licenses for hydrocarbon exploitation in Lots VII and XIII in northern Peru.
Derek Ricketts and Luis Miguel Balcázar acted as in-house counsels to Scotiabank Peru. David Saenz and Javier Gomez provided in-house legal advice to Olympic Peru.
RAD’s team included partner Daniel Gonzales (pictured) and senior associate Valeria Sanchez.
