Los Portales’s $13.9 Million Notes Offering


Lazo, De Romaña & CMB Abogados advised on the transaction

Los Portales finalized the offering of $13.97 Notes part of the $30 Million Medium Term Notes program.

BBVA Continental acted as arranger and underwriter on the offering.

Los Portales S.A. engages in the real estate development business in Peru. The company, led by Guillermo Velaochaga Raffo, Fernando Gomez Ñato, Wilfredo De Souza Ferreyra Ugarte, Eduardo Ibarra Rooth and Luis Gomez Corthorn, develops housing projects and operates parking lots; and a chain of luxury and executive hotels in Piura, Tarma, Chiclayo, and Cusco.

Lazo, De Romaña & CMB Abogados advised Los Portales and BBVA Continental with a team including Bruno Gonzáles (Picture), Luis Lazo and Alma Jiménez Panta.

Involved fees earner: Bruno Gonzales – Lazo, De Romaña & Gagliuffi Abogados; Luis Lazo – Lazo, De Romaña & Gagliuffi Abogados;

Law Firms: Lazo, De Romaña & Gagliuffi Abogados;

Clients: BBVA Continental; Los Portales S.A.;

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Author: Ambrogio Visconti.