2023-07-13 04:20:00
The companies Operadora Portuaria SA (Oporsa) and Inmobiliaria Terrano SA (Terrano), both from the Andino Investment Holding group, carried out the third bond issue for a total of S/ 15 million at 6.5 years, within the framework of their First Bond Program of Securitization, placed through a private offer, with the advice of Magna Asesores Financieros SAC
Antonio Guzmán, general manager of Oporsa and Terrano, commented that this issue allows them to continue developing logistics infrastructure projects for their clients, generating greater added value to their land. “Our spaces enjoy a strategic location in Callao for foreign trade and industry in general. In addition, it confirms the confidence of investors towards the group in the present context of the Peruvian economy”, he noted.
In March of this year, both companies reported that they made their first and second bond issues for a total of US$37.50 million. On that occasion, as indicated by the company, the issuance of up to 11 years will allow them to reshape the financial debt of both companies, as well as have the necessary working capital to continue with the development of their different projects.
ALSO READ: Andino Investment Holding was declared a qualified bidder to modernize Colombia’s airport
Andino Investment Holding in the international market
At the beginning of the year, the Peruvian company began its international expansion plan through the incorporation of Andino Inversiones Global (AIG) in Spain. This entity will represent the Andean Group in the European market following completing the share exchange processes incorporated in said plan.
In Colombia, the company reported in March that its subsidiary, AIG, was declared a qualified bidder to continue participating in the award of the renovation project for the Rafael Núñez de Cartagena International Airport in that country. The private initiative will have an estimated value of US$ 117.9 million and will be concessioned for an execution period of 8 and a half years.
For its part, Servicios Aeroportuarios Andino Global SL, a subsidiary of SAASA (a Peruvian company of the same group), announced the acquisition of a cargo terminal at the Benito Juárez International Airport in Mexico City, in conjunction with Grupo CCO. This airport has a traffic of 50 million passengers and more than 570,000 tons of air cargo per year.
ALSO READ: Grupo Andino acquires cargo terminal at Benito Juárez Airport in Mexico
The Andean Group is made up of 12 companies that are developed in four business lines: airport infrastructure and services, logistics real estate, logistics services, and financial services. Among them, Andean Airport Services (SAASA), Andean Airports of Peru (AAP), Terrano Real Estate, Port Operator, Cosmos Maritime Agency, Infinia Logistics Operator, Multilog, Almafin, Andino Capital SGFI, Andino Leasing and Andino Factoring stand out.
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