AIH: Bond


Issuance of USD 115 MM international bond by Andino Investment Holding

In November 2013, Andino Investment Holding (“AIH”), completed the issuance of a 7-year Senior Unsecured 144 A / Reg S International Bond for USD 115 MM. Bank of America Merrill-Lynch and Goldman Sachs acted as joint book-runners and lead managers, and Credicorp Capital as joint lead manager.

AIH is Peru’s leading logistics and infrastructure conglomerate, with consolidated revenues of USD 200 MM.

The use of proceeds were: (i) debt restructuring (reduce the cost of debt and extend the maturity profile with a non-amortizing 7-year schedule), (ii) CapEx in the group’s man subsidiaries, including Neptunia and Cosmos, and (iii) investments in Terrano, a real estate project.

EFIC Partners acted as financial advisor of Andino Investment Holding.