BBVA Banco Continental in $300 Million Note Offering

January 29, 2013

Cleary Gottlieb represented the initial purchasers BBVA, BofA Merrill Lynch and Citigroup in connection with a 144A/Regulation S debt offering of $300 million aggregate principal amount of 2.25% senior notes by BBVA Banco Continental, a leading full-service financial institution in Peru. The offering priced on January 22 and closed on January 29.

BBVA Banco Continental is the second largest bank in Peru in terms of assets, loans, deposits and branches and the third in terms of shareholders’ equity.