In what was thought to be the first co-issuance of notes by
Peruvian issuers, wind farms Parque Eólico Tres
Hermanas and Parque Eólico Marcona
co-issued $250 million bonds in a private placement to prepay
outstanding project finance debt. Milbank Tweed Hadley &
McCloy and Payet Rey Cauvi Pérez Abogados advised the
issuers while Clifford Chance and Garrigues Peru advised Credit
Suisse Securities as placement agent and Allianz Global
Investors as investor. Garrigues Peru partner Oscar
Arrús and principal associate Diego Harman speak
with IFLR1000 Latin America Editor, Rani
Mehta, about the deal.
Oscar Arrús (OA) and principal
Diego Harman (DH) speak with IFLR 1000 Latin America
editor Rani Mehta about the deal.
How did you win this mandate?
OA: We typically advise the placement agent for the deal,
Credit Suisse, which asked us to quote given we have...