Lima, Peru.- Dentons is pleased to announce that it has advised IXM Trading Perú S.A.C. on the securement of a series of credit facilities up to a maximum amount of US$ 350 million. The facilities will be granted by Natixis, a leading global financial institution, with the intervention of Banco de Crédito del Perú, acting as Local Fronting Bank and Custodian Agent.
The transaction, which closed on November 23, 2023, is a clear example of Dentons’ deep expertise in cross-border finance and its ability to deliver seamless legal counsel to clients worldwide. The team was led by Ignacio López de Romaña, Partner in Dentons’ Lima office, and Jacqueline Bell, Partner in Dentons’ London office.
“We are delighted to have assisted IXM Trading Perú in securing this significant financing,” said López de Romaña. “The transaction demonstrates our ability to provide clients with the tailored legal solutions they need to achieve their business objectives in a complex and ever-changing global financial landscape.”
The Dentons team was also assisted by Augusto Iberico, Senior Associate in Dentons’ Lima office, and Holly Quirke, Senior Associate in Dentons’ London office. Clifford Chance LLP acted as foreign counsel to the lender, with Jackie Jones, Counsel, and Tiaan Calitz, Associate, leading the team. Miranda & Amado acted as Peruvian counsel to the lender, with Gabriela Dañino, Partner, Lisbeth Benavides, Associate. IXM Trading Perú S.A.C. counted with in-house legal assistance from Carla Delgado, Senior Legal Counsel and Cecilia Romero, Legal Counsel.