Rebaza Alcázar advises Leasy Peru on $25m financing

Rebaza Alcázar & De Las Casas has advised Leasy Perú on the tax and legal structuring related to a financing by Lendable Asset Management, for an amount of up to USD 25,000,000.

This financing was carried out through a securitisation trust of future flows, which allowed the issuance (and subsequent acquisition) of private offering bonds, backed, among others, by collection rights. The latter came from leasing operations owned by Leasy Peru, which acted as originator.

This transaction was also backed by a security interest in vehicles. CPB Abogados acted as advisor to Leandable Asset Management.

Thanks to this financing, Leasy Peru will be able to continue strengthening its leasing operations in the country, which will allow Peruvians to obtain vehicles in a more accessible way.

Leasy Peru is a startup that offers competitive solutions for car financing in Latin America, by offering vehicle loans to workers in the collaborative economy and transport service providers, with a strategic alliance with the technology company Uber.

CPB Abogados’ team consisted of partners Guiseppe Manini and Luis Mejía.

Rebaza Alcázar’s team comprised partner Víctor Valdez (pictured), and senior associates Fiorela Ccahua and Miguel Ludeña.