Hernández & Cía. Abogados advised Banco Santander Panamá and Corporación Financiera de Desarrollo (COFIDE) in US$ 30 million loan granted to La Virgen S.A.C...

This represents the second offering of the Republic of Peru in Euros in less than four months.

Hernández & Cía. Abogados advised the Republic of Peru in its international issuance of sovereign debt for 1,1 Billions Euros.

The Trust Agreement was executed by Automotores Gildemeister S.A., Automotores Gildemeister Peru S.A. and AG – Creditos S.p.A. as trustors, TMF Peru S.R.L. as beneficiary and La Fiduciaria as trustee.

Infrastructure is viewed as an asset class of its own and the allocation to this investment class is expected to rise considerably.