Estudio Echecopar, member firm of Baker McKenzie International, acted as legal counsel to Viettel Perú S.A.C., as borrower, in connection with a syndicated term loan facility, comprised of (i) a tranche denominated in Dollars in an aggregate principal amount of up to USD 195,000,000 and (ii) a tranche denominated in Soles in an aggregate principal amount of up to PEN 18,500,000 (the "Facility"), the proceeds of which shall be used (i) to refinance, in part, existing Intercompany Debt and (ii) to pay transaction costs, fees and expenses in connection with the Facility. As part of the security, a Trust Agreement was executed including certain telecommunications assets (i.e. telecom towers, antennas, etc.).
Partner Marco Alarcon and mid-level associate Andrea Caceres advised Viettel Perú S.A.C. throughout the process.