Rebaza, Alcázar & De Las Casas advised Scotiabank Peru, as lender, in the negotiation and disbursement of a medium-term loan for US$ 14 million, granted to Olympic Peru Inc. Sucursal del Peru, the branch office of an important oil company, which is currently holder of the licences for the exploitation of hydrocarbons in Lots VII and XIII in the northern part of Peru. The disbursement of the loan was made on August 15th, 2024.
The loan is secured by a guarantee assignment of certain receivables.
The obtained proceeds will be used to finance Olympic’s natural gas expansion investments.