Auna $300 million high-yield notes offering
Davis Polk advised Auna S.A.A. in connection with its Rule 144A/Regulation S offering of $300 million aggregate principal amount of its 6.500% senior notes due 2025. The notes are guaranteed by certain Peruvian and Colombian subsidiaries of Auna. Auna intends to use the net proceeds from the offering to repay certain of its existing outstanding indebtedness and for general corporate purposes.
Auna is one of the largest and most recognized players in the Peruvian healthcare industry and has a growing presence in Colombia. With more than 30 years of experience in the healthcare industry, Auna provides oncology healthcare plans in Peru and operates hospitals and clinics in Peru and Colombia that provide high-quality medical services.
The Davis Polk corporate team included partner Maurice Blanco and associates Hillary A. Coleman and Claudia Carvajal Lopez. The tax team included partner William A. Curran and associate Alexander J. Hendin. Associate Sijia Cai provided Investment Company Act advice. All members of the Davis Polk team are based in the New York office.