RAFAEL LULLI

partner

Practice areas
  • Mergers and Acquisitions
  • Corporate law
Education
  • Bachelor of Laws (LL.B) by Universidad de Lima, 2016.
  • Juris doctor by Universidad de Lima, 2018.
  • Master of Laws (LL.M) by New York University (NYU), 2023.
Experience

MERGERS AND ACQUISITIONS:

  • Advised H.I.G. Capital, a leading global alternative investment firm with over US$45 billion in assets under management, in the financing and acquisition of a majority stake in Grupo Ransa, a leading logistics operator in more than nine countries across South and Central America.
  • Advised H.I.G. Capital in its acquisition of a majority stake in Ilko Virutex, a leading manufacturer of cleaning products and kitchenware in Latin America.
  • Advised Equinix Group, the world’s largest provider of data centers and colocation infrastructure, in the execution of binding agreements to acquire four data centers in Chile and Peru for US$705 million.
  • Advised Atracciones Coney Island (Coney Park) in the sale of 100% of the shares of Coney Park (Peru), Divetrónica Medellín (Colombia), and Happy City (Chile) to The Carlyle Group.
  • Advised Grupo Wiese in the sale of 50% of the share capital of Inmuebles Panamericana S.A., operator of 11 shopping malls throughout Peru, to Grupo Parque Arauco (Chile) for approximately US$119 million.
  • Advised Grupo Wiese and Sura Asset Management in the sale of Seguros Sura and Hipotecaria Sura to Intercorp.
  • Advised Inversiones La Rioja S.A. (operator of the “Marriott” franchise in Peru) in the sale of 99.97% of the shares of the holding company to Grupo Breca for US$218 million.
  • Advised Patria Investimentos and Smart Fit in the acquisition of Gold’s Gym Peru and Sport Life.
  • Advised Grupo Wiese in the acquisition by CDPQ (Canada) of a strategic stake in SURA Asset Management for US$247 million.
  • Advised Glencore Plc (Switzerland) in the acquisition of the Contonga mine in Peru and other mining assets in Canada from Belgian mining company Nyrstar for US$26 million.
  • Advised Shareholders of Laboratorios Portugal S.A. in the sale of a 51% equity stake to Grupo Sanfer.
  • Advised Shareholders of St. George College in the sale of 100% of the shares to International Schools Partnership (ISP).
  • Advised Grupo UNO in the acquisition of a majority stake in Primax, previously controlled by Grupo Romero. As a result of the transaction, Grupo UNO assumed control of Primax’s operations in Peru and Ecuador, and acquired 100% of Primax’s operations in Colombia.
  • Advised Clio in the execution of the agreement to acquire vLex.
  • Advised Alpayana (Sierra Metals) in the acquisition of 93.82% of the issued shares of Sierra Metals through a tender offer carried out by its subsidiary Alpayana Canada Ltd.
  • Advised NovoPayment B.V. in the acquisition of 50% of the shares of Servitebca Peru, Servicio de Transferencia Electrónica de Beneficios y Pagos S.A. Following the closing of this transaction, the NovoPayment Group consolidated ownership of 100% of Servitebca’s shares.

Financings:

  • Advised Citigroup Global Markets, HSBC Securities, Santander US Capital Markets, and Banco BTG Pactual – Cayman Branch, as dealer managers in Auna’s exchange offer of its 6.50% senior notes due 2025 for 10.00% senior secured notes due 2029.
  • Advised Citi, HSBC, Banco Santander México S.A., Institución de Banca Múltiple, and Grupo Financiero Santander México, as structuring agents, joint lead arrangers, and bookrunners in a secured loan in favor of Auna and Grupo Salud Auna México for US$550 million.
  • Advised The Dominican Republic in its US$1.2 billion 144A/Reg S bond offering at 11.25% due 2035, together with a tender offer for certain outstanding DOP-denominated global bonds due 2026.
  • Advised Bank of America Securities, as structurer and initial purchaser, in the Municipality of Lima’s securitized bond program for the issuance of up to US$1.08 billion in bonds governed by Peruvian law.
  • Advised Hudbay Peru and Hudbay Minerals in the US$200 million refinancing for the development of the “Constancia” mining project in southern Peru.
  • Advised HudBay Minerals Inc. in the issuance of Senior Unsecured Notes for up to US$1.0 billion in the international markets.
  • Advised Pandion Mine Finance in the purchase of future gold production for US$6.1 million from Lupaka Gold’s Invicta mining project.
  • Advised NovoPayment Holdings, Inc. in Morgan Stanley Expansion Capital’s US$20 million investment.

contact

secretary

Carmen Oyarse
T: (511) 4425100 A: 224
carmen.oyarse@rebaza-alcazar.com

Rafael Lulli Meyer is a Partner at Rebaza, Alcázar & De Las Casas in the Mergers and Acquisitions practice. His practice focuses on mergers and acquisitions transactions involving domestic and foreign companies, as well as corporate and financial law. His areas of expertise include the acquisition and sale of companies in the real estate, retail, pharmaceutical, education, industrial, and services sectors, as well as multijurisdictional financing transactions.

Rafael earned his law degree from the University of Lima, where he graduated with honors. He holds a Master of Laws (LL.M.) from New York University (NYU), where he received the Dean’s Award Scholarship for academic excellence. He has also completed Corporate Law courses at the University of Zaragoza, Spain.

In addition to his professional experience at our firm, Rafael served as an international associate in the New York office of Cleary Gottlieb Steen & Hamilton in 2023 and 2024, participating in several significant transactions in Latin America and the United States.

In academia, Rafael has served as an adjunct professor of M&A courses at the Pontifical Catholic University of Peru (PUCP) and of Commercial Law I and II at the University of Lima. He is also the author of various research articles in corporate and transactional law, primarily in M&A. He has also actively collaborated with the World Bank in the preparation of its annual publication Doing Business for the years 2016, 2017, 2018, and 2019, in the corporate law research section.

He is a co-founder of the legal publishing platform The Legal Industry Reviews, which has a presence in more than 45 countries, and served as its Editorial Director from 2020 to 2024.