Peru:
Metro De Lima Obtains Revolving Credit Facility
08 August 2016
Miranda & Amado
To print this article, all you need is to be registered or login on Mondaq.com.
Miranda & Amado has advised Credicorp Capital Servicios
Financieros S.A. and Banco de Crédito del Perú in
connection with the structuring and granting of a revolving credit
facility in favor of Metro de Lima Línea 2 S.A. for an
amount of up to S/ 100 million (approximately USD 28.7 million at
the current exchange rate).
The proceeds of the financing will be used by the company in
order to finance the payment of Value Added Tax (VAT) within the
context of the construction and development of the underground
railway project "Linea 2 del Metro de Lima y Callao".
The following lawyers of Miranda & Amado participated in the
transaction: partners Jose Miguel Puiggros and Pablo Sotomayor and associates Victor León Chiri and Ignacio Nuñez Arena.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Finance and Banking from Peru
Mexican Reform Regarding Electronic Negotiable Instruments
Mayer Brown
On March 26, 2024, the President of Mexico published the reform passed by the Mexican Congress to the General Law of Negotiable Instruments and Credit Transactions (Ley General de Títulos y Operaciones de Crédito, "LGTOC").
Banking Regulation Comparative Guide
Baker McKenzie Argentina
Banking Regulation Comparative Guide for the jurisdiction of Argentina, check out our comparative guides section to compare across multiple countries
Mexican Retirement Funds Financial Regulations Amended
Mayer Brown
On February 16, 2024, the Ministry of Finance and Public Credit, through the National Commission of the Retirement Savings System ("CONSAR"), issued an amendment to the General Financial Provisions of the Retirement Savings Systems (the "Financial Regulations" or the "CUF").