15 February, 2018 Peru

CMS Grau and PPU help Falabella issue bonds

Banking, Finance and Capital Markets

CMS Grau has helped Chilean department store chain Falabella issue bonds worth 200 million Peruvian soles (US$62 million) through its Peruvian subsidiary.

The arranger relied on Philippi Prietocarrizosa Ferrero DU & Uría (Peru) for the deal, which closed on 7 February.

The funds raised will be used to refinance existing debt.

Counsel to Falabella
CMS Grau
Partners Juan Carlos Escudero and Miguel Viale, and associates Gabriella Valenzuela and Lucero Carpio

Counsel to Scotiabank
Philippi Prietocarrizosa Ferrero DU & Uría (Peru)
Partner Ignacio López de Romaña and associates Rossmery Romero and Paulo Isla