Corporación Primax issues corporate bonds
Miranda & Amado advised Corporación Primax (from Grupo Romero) in registering with the Peruvian capital markets agency its first Corporate Bond Program, for US$ 300 million, and with three simultaneous offerings for an aggregate amount of S/. 640 million (aprox. US$ 200 million). Credicorp Capital and BBVA Continental acted as arrangers and placement agents. The proceeds of the aforementioned offerings will be used for liability management.