Simpson Thacher Represents Urbanova in Secured Loan Financing
12.02.21
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The Firm recently represented Urbanova and its subsidiaries Inmuebles Limatambo S.A., Inversiones San Borja S.A. and Urbanizadora Jardín S.A. (“Urbanova”) in connection with a US$190 million syndicated secured loan financing, arranged by Banco Santander. The loan proceeds were used to repay existing indebtedness.
Urbanova is a leading Peruvian real estate company and the principal real estate arm of Grupo Breca, one of the largest economic conglomerates in Peru and which currently has significant investments in different business lines across four Latin American countries.
The Simpson Thacher team for the transaction included Juan Francisco Mendez, Antonio Ribichini and Francisco Ducci (Banking); and Jonathan Cantor and Kris Liu (Tax).