Estudio Echecopar, member firm of Baker Mckenzie International advised Scotiabank Peru S.A.A. acting as liability management advisor in connection with the tender offer of corporate bonds launched by Yura S.A. to purchase and reedem up to 80,000, 30,000 and 20,000 corporate bonds previously issued by Yura S.A. under its First, Second and Third Issuances, respectively, under its “Cuarto Programa de Bonos Corporativos Yura” registered with the Superintendencia del Mercado de Valores.  As part of the tender offer, Yura S.A. was able to purchase 78,550 bonds of the First Issuance and 1,000 bonds of the Third Issuance for a total consideration (including principal and accrued interests) of PEN 84’751,001.73 (First Issuance) and PEN 1’003,442.68 (Third Issuance), respectively. 

Partner Alonso Miranda and associate Adrian Tovar advised Scotiabank Perú S.A.A. throughout the process.