Saga Falabella’s $30 Million Financial Leasing

CMS Grau and Estudio Echecopar (Baker & McKenzie) advised on the deal

Saga Falabella secured a $30 Million financial leasing from Scotiabank Perú. Proceeds will be used to finance the construction of a distribution center and a industrial park in Lurín.

Saga Falabella S.A. operates department stores in South America. The company’s stores sell products in various categories, including electronics, technology, furniture, decohogar, bedroom, sports, fashion and accessories, footwear, gifts, and beauty accessories.

CMS Grau advised Saga Falabella S.A. with Miguel Viale (Picture) and José Antonio Onandía.

Estudio Echecopar (Baker & McKenzie) advised Scotiabank Perú with Marco Alarcón Piana and Andrea Cáceres Paredes.

Involved fees earner: Miguel Viale Leo – CMS Grau Abogados ; Jose Antonio Onandia – CMS Grau Abogados ; Marco Alarcon – Baker McKenzie; Andrea Cáceres Paredes – Baker McKenzie;

Law Firms: CMS Grau Abogados ; Baker McKenzie;

Clients: Scotiabank Perù; Saga Falabella S.A.;

Author: Ambrogio Visconti.