Shearman & Sterling advised Alicorp S.A.A. (“Alicorp”) in connection with its tender offer, for cash, for any and all of its outstanding 3.875% Senior Notes due 2023. Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as the dealer manager.

Alicorp is a leading consumer goods company headquartered in Peru, with operations in other Latin American countries such as Argentina, Brazil, Chile, and Ecuador and exports to 23 other countries. The company focuses on three core businesses: consumer products in Peru, Brazil, Argentina, Ecuador, Colombia and other countries; industrial food products; and animal nutrition.

The following Shearman & Sterling lawyers advised Alicorp in this transaction: partner Antonia Stolper (New York-Capital Markets) and associates Maria Marulanda Larsen (New York-Capital Markets), Jeffrey Tate (Washington, DC-Tax), Michael Daly (Washington, DC-Tax) and Yesenia Judith Barberena (New York-Corporate).