CMS Grau advised Banco Internacional del Perú S.A.A. (Interbank) as lender in the structuring, negotiation, and disbursement of a medium-term loan of up to S/ 80 million (the ‘Loan’) in favour of Tiendas Aruma S.A.C. (‘Aruma’), which will be used by Aruma for various corporate purposes.
The loan is secured by a package of guarantees, including a trust agreement, with Interbank and BCP as trustees, Aruma as trustor, and La Fiduciaria S.A. as trustee, to which the collection rights and cash flows of certain shops operated by Aruma were transferred. The closing of the transaction and the disbursement of the funds was made on Thursday 29 August 2024.
Aruma is part of Grupo Lindcorp and stands out as the first beauty store in Peru, with nearly 100 locations nationwide. This transaction is particularly significant for the group, as “it will boost Aruma’s accelerated growth in this sector, creating professional growth opportunities for hundreds of women in the stores and energising formal retail” (Marco Pastor – CFO & Business Development Grupo Lindcorp).
External Legal Advisors for Interbank:
CMS Grau: Partner Juan José Hopkins and team composed by Cinthia Cánepa, Gabriel Nájar and Juan Andrés Carrera.
Internal Legal Advisors for Interbank:
Viviana Tapia and Mariano Chumpitaz.
External Legal Advisors for Aruma:
PPU: Partner Antonio Guarniz and team composed by Víctor Bravo and Daniela Fortón.
Legal team of La Fiduciaria:
Diego Uribe, Gabriela Soto and Valeria Falla.