LUIS MIGUEL ELÍAS

• Juris Doctor by Pontificia Universidad Católica del Perú Law School, 2005

Mining Transactions, Streamings and Royalties

• Counsel to Glencore in the tender offer for $ 956 million and acquisition of a controlling stake in Volcan Compañía Minera.
• Counsel to Hudbay in the precious metals stream for $ 430 million agreed with Silver Wheaton (now Wheaton Precious Metals) using the production of the Constancia mine as reference.
• Counsel to Milpo (now Nexa Resources) in the silver stream for $ 250 million agreed with Triple Flag using the production of the Cerro Lindo mine as reference
• Counsel to Glencore on the $ 900 million stream agreed with Silver Wheaton (now Wheaton Precious Metals) using the production of Antamina as reference. 
• Counsel to Hudbay in the $ 350 million refinancing of its facility for the development of the Constancia mine, and in the cross-collateralization in respect of the Rosemont and Constancia mines.
• Counsel to the Empresa Minera Los Quenuales in the acquisition of the Contonga mine and other material mining assets and rights previous held by Nyrstar. 
• Counsel to Nexa Resources on the $ 100 million loan with ABN AMRO Bank N.V. to finance the export of zinc.
• Counsel to Scotiabank on the 200 million financing granted to Goldfields La Cima for the development of the Cerro Corona mine.
• Counsel to Glencore in the sale to Trevali mining of a concentrator plant required to operate the Santander mine, the offtakes agreements, operation and mantainence contracts for the Santander mine, and repayment of the $ 40 million debt of Trevali Mining to the benefit of Glencore.
• Counsel to BNP Paribas on the $ 50 million facilities granted to the Moly-Cop group to finance the acquisition of mining equipment and machinery worldwide.
• Counsel to Hudbay Peru in the mining equipment leasebacks for an aggregate amount of $ 22.4 million executed with Scotiabank, BCP and Interbank, respectively, for the acquisition of Caterpillar machinery.
• Counsel to Pandion Mine Finance in the refinancing and mining securities to secure the $ 7 million prepaid forward purchase agreement with Lupaka Gold in respect of the Invicta mining project.
• Counsel to Auramet Trading in the constitution of mining royalties and securities over the mining assets of Compañía Minera San Juan.

Mergers & Acquisitions

• Counsel to a group of over 100 sellers in the sale of PECSA, a leading gas retail company in Peru, in favor of the Corporación Primax for an undisclosed amount.
• Counsel to Sura and Grupo Wiese on the $ 268 million sale of Seguros Sura to Intercorp.
• Counsel to Grupo Wiese in the $ 247 million acquisition by CDPQ of a minority stake in SURA Asset Management formerly held by Grupo Wiese and Bancolombia.
• Counsel to Energía del Pacífico on the sale of a strategic stake in Kallpa Generación S.A. and Samay I S.A. to I Squared Capital for $ 341.8 million.
• Counsel in the process and sale of a majority stake in Copeinca ASA owned by Dyer & Coriat Holding and in the $ 800 million tender offer launched by the China Fishery Group on the Oslo and Lima Stock Exchanges.
• Sale of AmBev Perú for $ 64 million to a subsidiary of AB InBev in context of the global merger and integration process among AB InBev and SABMiller.
• Counsel to Grupo Wiese and De Osma family in the sale of Hermes Transportes Blindados S.A. in favor of The Carlyle Group for an undisclosed amount.
• Counsel to AmBev Peru in the sale of its production plant and other assets of the PepsiCo branded non-alcoholic beverages business to the Guatemalan group CBC.
• Acquisition by Grupo Wiese and De Osma family of a strategic stake in Hermes Transportes Blindados S.A. formerly held by Brink’s Inc.
• Counsel to the Mexican group Casa Saba in the sale of Farmacias Peruanas S.A. (FASA) to Quicorp.Counsel to Cosapi in the sale of Cosapi S.A. in Cosapi Data,
• Cosapi Soft and Computer Doctor to Altra Investments.
• Acquisition by Cruz Blanca Salud of a majority stake in Anglolab, a leading private laboratory for clinical analysis and medical samples in Peru.
• Acquisition by Cruz Blanca Salud of RESOMASA, a leading private MRI and related medical services company, for an undisclosed amount.
• Acquisition by The Bank of Nova Scotia of a controlling stake in the pension fund manager Profuturo AFP S.A.
• Acquisition by Casa Saba of Farmacias Ahumada in Mexico, Peru, Brazil and Chile for approximately $ 637 millions.

Financing

• Counsel to Corporación Monte Azul in the $ 50 million aggregate facility granted by BCP, Credicorp Capital and co-financed by Monte Azul’s shareholders for the construction and development of its terminal project for the reception, storage and dispatch of liquid fuels in Mollendo, Arequipa.
• Counsel to La Virgen S.A.C. in the $ 80 million credit facility granted by CAF and DEG for the development and operation of its hydroelectric power plant in Junín.
• Counsel to The Bank of Nova Soctia in the $ 200 million financing granted to Goldfields La Cima for the development of Cerro Corona gold and copper mines located in western Peru.
• Counsel to GEPSA in the $ 100 million facility granted by a group of lenders for the construction and operation of three hydroelectric power plant projects in the department of Puno, as well as the maintenance of a hydroelectric plant in Arequipa.
• Counsel to International Finance Corporation (IFC), financial arm of the World Bank, in the $ 217 million facility granted to APM Terminals Callao for the expansion of its Callao port terminal.
• Counsel to La Virgen in the $ 50 million bridge financing granted by Banco Santander to partially finance the working capital required for the construction of a hydroelectric power plant.
• Counsel to IFC in the $ 40 million financing granted to Universidad Privada de Ciencias Aplicadas – UPC, private university owned by Laureate group.
• Counsel to Grupo Gloria and Yura S.A. in the $ 50 million financing granted by JPMorgan Chase Bank and The Bank of Tokyo-Mitsubishi.

Stock Market

• Counsel to Hudbay Minerals in the issuance of Senior Unsecured Notes for up to $ 1.0 billion in international markets.
• Counsel to Citigroup, JPMorgan, Morgan Stanley and BTG Pactual in the initial issuance of 20,000,000 shares of InRetail Perú Corp., holding of the Intercorp Group’s retail companies, in international markets.
• Counsel to Sonda S.A., a Chilean company leader in IT services in Latin America, in the issuance of 53,046,657 shares in international markets, with the participation of Goldman Sachs & Co., BTG Pactual and Celfin Capital as structors.
• Counsel to Lima Airport Partners S.R.L. in the issuance of Global Notes for $ 164 million in international markets.
• Counsel to Aeropuertos Dominicanos Siglo XXI (Aerodom), an airport operator controlled by Advent International, in the issuance of up to $ 550 million in international debt.
• Counsel to BTG Pactual and Deutsche Bank in the issue of debt (high yield) made by SMU S.A. (Chile) up to $ 300 million in international markets.
• Counsel to Copeinca in the initial issuance of $ 175 million Unsecured Notes in the international markets.

Recent Publications

“2019 International Comparative Legal Guide to Mining” Peru Chapter.

“Metal Streaming: Conceptos, auge y actualidad” por Luis Miguel Elías. Revista Advocatus: Derecho Minero, Ambiental y de los Recursos Energéticos. 2018.