Rubio Leguía Normand advised ACRES Sociedad Agente de Bolsa S.A., as arranger, and Fondo Macro Infraestructura – managed by Macro Asset Management S.A.C – as investor, in the structure of the issuance of corporate bonds of the "First Program of Corporate Bonds by Private Offer – Monte Azul Sur", up to US$ 12'000,000.00.

The proceeds will be used for works of the maritime terminal for the storage and dispatch of fuel located in the city of Mollendo, province of Islay, department of Arequipa, and general corporate purposes of Monte Azul.

The deal closed on October 2, 2020 and Monte Azul Sur S.A.C. was advised by Philippi, Prietocarrizosa, Ferrero DU & Uría S. Civil de R.L.

“The complexity in this transaction was due to the short time we had for its closing, where we also had to engage this transaction with the financing that the issuer maintains in force with another financial entity. Likewise, it has been a challenge for us as advisers to carry out this negotiation and achieve the closure of the deal during the national emergency situation in which we are currently involved”. Carlos Arata (Partner)