Auna’s $300 Million Offering

November 20, 2020

Cleary Gottlieb represented Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Santander Investment Securities Inc., and Scotia Capital (USA) Inc., as initial purchasers, in the first global bond offering by Auna.

The transaction consisted of an offering of $300 million 6.5% senior notes due 2025 sold by Auna and guaranteed by several of its Peruvian and Colombian subsidiaries. The proceeds of the offering will be used to prepay several of Auna’s financing facilities and for general corporate purposes. The bond offering was conducted as a private placement under Rule 144A of the Securities Act of 1933 and outside of the United States in reliance on Regulation S. The transaction priced on November 17, 2020, and settled on November 20, 2020.

Auna is one of the largest and most recognized players in the Peruvian healthcare industry, with a growing presence in Colombia. It provides oncology healthcare plans in Peru through its Oncosalud Network and operates hospitals and clinics in Peru and Colombia through its Auna Networks that provide high-quality medical services at all levels of complexity.