White & Case advises syndicate of leading banks on Alicorp S.A.A.’s US$420 million notes offering

Global law firm White & Case LLP has advised BBVA Securities Inc., BofA Securities, Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC, as initial purchasers and dealer managers, on the issuance and sale by Peru-based Alicorp S.A.A. of approximately US$420 million in aggregate principal amount of 7.400% senior notes due 2032.

The notes, which are denominated in Peruvian soles, were issued pursuant to Rule 144A and Regulation S, and in connection with Alicorp's offer to purchase any and all of its existing 4.357% senior guaranteed notes due 2027 for cash.

Alicorp is the largest Peruvian consumer goods company. It operates in seven countries including Peru, Bolivia, Ecuador, Chile, Colombia, Uruguay, and Honduras. The company has more than 130 brands which are exported to over 20 countries. Alicorp focuses on three core business lines: consumer goods (including food, personal care, and home care platforms, B2B (food service, industrial clients and cleaning), and aquaculture (producing balanced feed for fish and shrimp).

The White & Case team was led by Capital Markets partner John Vetterli (New York), and included Capital Markets associates Joanna Heinz, William Quish, Carolina Tirú Vega (all in New York) and Claudio Diaz Maciel (Mexico City).

Press contact
For more information please speak to your local media contact.