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Deals 12 Mar 2026 · Peru

CMS Grau advises Interbank on local financing for Aruma Peru for PEN 60 million and cross-border financing for Aruma Mexico for USD 10 million

Deal Alert

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CMS Grau advised Banco Internacional del Perú S.A.A. (Interbank), as lender, on the structuring, negotiation and disbursement of: (a) a new secured medium-term loan for up to PEN 60 million (the Local Loan) in favour of Tiendas Aruma S.A.C. (Aruma Peru); and (b) a secured medium-term loan for up to USD 10 million (the Cross-Border Loan and, together with the Local Loan, the Loans) in favour of Tiendas Aruma México, S.A. de C.V. (Aruma Mexico).

The Loans will be used for various corporate purposes and are secured by a collateral package that includes, among other guarantees, a trust structure in which Aruma Peru and Aruma Mexico act as trustors, as well as joint and several guarantees granted by several affiliates of the Lindcorp Group. 

Closing of both transactions took place on 27 February 2026, while the funds under both Loans were simultaneously disbursed on 2 March 2026. 

The Aruma brand belongs to the Lindcorp Group and is recognised as the first beauty retail chain in Peru, with more than 120 stores nationwide. In recent years, Aruma has expanded its presence to other regions in Latin America, including Mexico, where it has operated since 2025 through Aruma Mexico. 

External Legal Advisors to the Banks:

CMS Grau: Juan José Hopkins (Partner), Valeria Mazuelos-Coello (Associate), and Juan Andrés Carrera (Legal Assistant) 

Mexican External Legal Advisors to the Banks: 

CMS Woodhouse Lorente Ludlow: Raúl Zepeda (Partner) and Sonia Mondragón (Associate) 

Internal Legal Advisors of Interbank: 

Daniela Higueras and Viviana Tapia 

External Legal Advisors to Aruma: 

PPU: Antonio Guarniz (Partner) and Mario Arce (Associate)

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