Latin America - Peru

Hernández & Cía

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The banking and finance team at Hernández & Cía is equipped to advise on domestic and cross-border transactions, including syndicated loans, secured loans, corporate loans and real estate loans, as well as project finance, leveraged finance and leasing arrangements. It acts for top regional and international banks, private investors, insurance companies and private funds and provides ancillary tax support on deals by drawing on strength from its top-tier tax practice. The team, which is jointly led by Juan Luis Hernández Gazzo, José Manuel Abastos and José Goyburu, includes a number of practitioners who have previously worked at major US-headquartered international law firms. Hernández is a veteran practitioner, who is well known in the market for financing deals; Abastos handles project financing, sovereign financing and capital markets matters; and Goyburu stands out for his knowledge of leveraged financing and distressed debt. Strong senior associate support is provided by Julien Labory-Alicq, who is fluent in Spanish, French and English; he has previously worked in the Paris office of Clifford Chance and is well versed in cross-border transactions. Diego Carrión left the firm in March 2022.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'It has a very solid team in financing matters, they know how to convey the concerns of their clients.'

  • 'Jose Goyburu is very good at leading teams and operations.'

  • 'The team was always present at all the most critical moments of the transaction, proposing agile and valuable solutions. Likewise, they managed to ensure that many procedures / reviews that involved other external stakeholders could be carried out in record time and the transaction closed as expected.'

  • 'Commitment and delivery in order to meet transaction deadlines. Likewise, they have a commercial vision that contributes to the structuring of transactions.'

  • 'We were able to structure a highly complex transaction with them that had to be executed in a fairly short time.'

Key clients

  • Scotiabank Peru
  • BBVA Bank Peru
  • Credicorp Capital Financial Services
  • Credit Bank of Peru
  • BD Capital Fund Management Company
  • Scotiabank Colpatria
  • Santander Bank Peru
  • International Bank of Peru
  • Itau Corpbanca Colombia
  • Sojitz Corporation of America
  • Chubb Peru Insurance and Reinsurance Company
  • The Bank of Nova Scotia
  • BTG Pactual Investment Bank
  • Inter-American Finance Bank

Work highlights

  • Advised a syndicate of Peruvian lenders (Banco BBVA Perú, Banco de Crédito del Perú and Banco Internacional del Perú – Interbank) on a $135m leveraged buy-out and subsequent financing in favour of Talma Servicios Aeroportuarios.
  • Advised Chubb Seguros on a debt restructuring of $151m with the Novonor group (ex-Odebrecht).
  • Advised Sojitz Corporation of America on the $122m refinancing of its Peruvian operating energy subsidiaries (Majes Arcus and Reparticion Arcus) with Sumitomo Mitsui Banking Corporation.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Practice head

The lawyer(s) leading their teams.

Juan Luis Hernández Gazzo, Jose Manuel Abastos, Jose Goyburu