Nachrichten August 26, 2022

Alicorp and Alicorp Uruguay’s $220 Million Senior Unsecured Facility

Shearman & Sterling represented Alicorp, as borrower and parent guarantor, and Alicorp Uruguay, as borrower, in connection with a $220.0 million senior unsecured facility provided by a syndicate of lenders led by Sumitomo Mitsui Banking Corporation (also acting as administrative agent) and BofA Securities as joint lead arrangers and bookrunners.

The facility, comprised of a three-year $120.0 million committed revolving credit facility and a five-year $100.0 million term loan, shall be used to refinance existing indebtedness and for general corporate purposes.

The Shearman & Sterling team below included associate Pedro de Elizalde and visiting attorney Vicente Fernández.

The Team