Andino Investment Holding USD 43 MM IPO

In February 2012, Andino Investment Holding (“AIH”), issued shares in its Initial Public Offering (“IPO”) in the Lima Stock Exchange. The company raised USD 42.7 MM through the offering of 25.9% of its shares.

The use of funds of the offering were: (i) the partial amortization of AIH’s USD 85 MM loan with Goldman Sachs and (ii) CapEx for AIH’s main subsidiaries (Neptunia and Cosmos) and for Terrano, its real estate project.

EFIC Partners acted as financial advisors to AIH.