"ANDINO GROUP ISSUES BONDS FOR OVER 37 MILLION DOLLARS."
ANDINO GROUP COMPANIES ISSUE BONDS FOR MORE THAN 37 MILLION DOLLARS WITH MATURITIES OF UP TO 11 YEARS.
Friday, March 3, 2023. - Operadora Portuaria S.A. (Oporsa) and Inmobiliaria Terrano S.A. (Terrano), companies of the Andino Investment Holding group (Andino), reported that they carried out the first and second issuance of bonds for a total of US$37.50 million within the framework of their First Securitization Bond Program.
For us, as part of Andino, this issuance is a sign of investors' confidence in the group, in a context where expectations about the Peruvian economy are cautious. Despite the political, economic, and social crisis in the country, as a group, we have always bet on long-term investments and are very pleased to know that we have the support and trust of investors to achieve our goals. This issuance, for up to 11 years, will allow us to reprofile the financial debt of the companies, as well as to have the necessary working capital to continue the development of various projects we handle for the benefit of our clients. We hope to continue working in the same line and with the same professionalism as always to provide our clients with the best business solutions.
Reported by Antonio Guzmán, General Manager of Oporsa and Terrano.
It is worth noting that Andino continues to grow and consolidate in the Peruvian and international markets thanks to a comprehensive strategy in logistics and port, airport, and maritime infrastructure services that has allowed them to grow exponentially in recent years, providing cutting-edge solutions for the main users in the market.
Andino Investment Holding
Andino is a Peruvian company listed on the Lima Stock Exchange (AIH), dedicated to investing in and/or creating companies focused on logistics services and port, airport, and maritime infrastructure. Andino has consolidated itself in the Peruvian market with over 50 years of experience managing and operating leading companies in their sectors.
Currently, Andino manages a group of leading companies operating port and airport infrastructure, offering airport and maritime logistics services. The companies that make up the group include: Servicios Aeroportuarios Andinos (SAASA), Aeropuertos Andinos del Perú (AAP), Inmobiliaria Terrano, Operadora Portuaria, Cosmos Agencia Marítima, Infinia Operador Logístico, Multilog, Almafin, Andino Capital SGFI, Andino Leasing, and Andino Factoring.
