Simpson Thacher Represents J.P. Morgan in US$375 Million Secured Bridge Acquisition Financing to InRetail Consumer
12.24.20
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The Firm represented J.P. Morgan in connection with a US$375 million secured bridge loan financing to InRetail Consumer, a subsidiary of InRetail Peru Corp. and a leading multi-format retailer with interests in supermarkets, pharmacies and shopping malls in Peru.
The loan proceeds were used to finance the acquisition of Makro Supermayorista S.A., a leading cash-and-carry wholesaler that supplies food and non-food products to professional as well as individual customers.
The Simpson Thacher team included Juan F. Méndez, Joshua Bernard and Francisco Ducci (Banking and Credit / Latin America); and Jonathan Cantor and Abigail Hopper (Tax).