We advised Orazul Energy Perú in the issuance of its 6.250% Senior Notes due 2032 for US$380 million under Rule 144A and Regulation S of the U.S. Securities Act of 1933, as well as in the concurrent Tender Offer to purchase any and all of its outstanding 45.625% Senior Notes due 2027. The proceeds of the new notes will be used to (i) fund the Tender Offer; (ii) repay outstanding short-term borrowings incurred to finance capital expenditures and other operating expenses; (iii) fund the redemption of the remaining notes that were not tendered; and, (iv) general corporate purposes.

Miranda & Amado's deal team: Luis Marcelo De Bernardis (Partner), Jose Miguel Puiggros (Partner), Gabriel Boucher (Associate) and Maria Fernanda Lazo (Associate).