We advised Banco de Crédito del Perú in the structuring and placement of Grupo Patio’s First Securitized Bond Issuance

Payet, Rey, Cauvi, Pérez Abogados advised Banco de Crédito del Perú (BCP) in the structuring and placement of Grupo Patio’s first securitized bond issuance for S/ 185 million with a term of 20 years.

PRCP’s team of lawyers that advised on this transaction was led by our partner Eduardo Vega and included Gustavo Yokoo, Rocío Gordillo, Fernando Díaz and Rodrigo Cardenal

It was a challenging and complex operation that involved the securitization of Grupo Patio’s retail assets. This type of transaction contributes to the growth and implementation of more securitization operations in the Peruvian market, as an alternative to traditional financing mechanisms.