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 PEN 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 backed 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 belongs to the Lindcorp Group and stands out for being the first beauty shop in Peru with close to 100 establishments throughout the country, so this operation is especially relevant for the group as ‘itwill boost Aruma's accelerated growth in this sector, generating professional growth opportunities for hundreds of women in the shops and boosting formal retail’, according to Marco Pastor, CFO & Business Development at Lindcorp Group.
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.
