Inversiones Nacionales de Turismo’s $120 Million Notes Offering


Muñiz, Ramírez, Pérez -Taiman & Olaya and Philippi Prietocarrizosa Ferrero DU & Uría advised on the transaction

Inversiones Nacionales de Turismo S.A. (Intursa) executed its offering of $120 Million Notes.

BBVA Continental acted as Arranger on the offering.


Inversiones Nacionales de Turismo S.A. engages in the construction, operation, and administration of hotels in Lima, Ica, Cusco, Puno, Arequipa, and Trujillo. It is involved in the operation and administration of hotels and resorts, including the Westin Hotels & Resorts comprising the Westin Lima Hotel & Convention Center; the Luxury Collection Hotels & Resorts, including a luxury collection resort, resort & spa, and hotel; and the Libertador Hotels, which consist of Libertador Lago Titicaca, Libertador Arequipa, Libertador Trujillo, and Libertador Lima. The company is based in Lima.

Muñiz, Ramírez, Pérez -Taiman & Olaya advised Inversiones Nacionales de Turismo S.A. with Andrés Kuan-Veng (Picture) and Mercedes Fernández.

Philippi Prietocarrizosa Ferrero DU & Uría advised BBVA Continental with Antonio Guarniz, Ronald Fernández-Dávila, Gabriela Cuadros, Oscar Villanueva and Paulo Isla.

Involved fees earner: Andrés Kuan-Veng Cabrejo – Muñiz, Ramírez, Pérez -Taiman & Olaya; Mercedes Fernández Moscol – Muñiz, Ramírez, Pérez -Taiman & Olaya; Antonio Guarniz – Philippi Prietocarrizosa Ferrero DU & Uría; Ronald Fernández-Dávila – Philippi Prietocarrizosa Ferrero DU & Uría; Gabriela Cuadros – Philippi Prietocarrizosa Ferrero DU & Uría; Oscar Villanueva – Philippi Prietocarrizosa Ferrero DU & Uría; Paulo Isla Rodríguez – Philippi Prietocarrizosa Ferrero DU & Uría;

Law Firms: Muñiz, Ramírez, Pérez -Taiman & Olaya; Philippi Prietocarrizosa Ferrero DU & Uría;

Clients: BBVA Continental; Inversiones Nacionales de Turismo S.A.;