Cementos Pacasmayo’s $150 Million Offering

December 21, 2018

Cleary Gottlieb represented J.P. Morgan and Credicorp Capital as dealer managers in the cash tender offer to purchase up to a total of $150 million of 4.5% senior notes due 2023 issued by Cementos Pacasmayo.

The offer was oversubscribed at the early tender date and settled early on December 11, 2018, when Cementos Pacasmayo repurchased approximately $168 million of the notes. The tender offer launched on November 26, 2018, and expired on December 21, 2018.

Cementos Pacasmayo is a leading cement company in Peru that produces, distributes, and sells cement and cement-related materials with more than 60 years of operating history.