Sale of Peruvian Pension Businesses by BBVA

April 23, 2013

Cleary Gottlieb is representing Goldman Sachs as financial advisor to Banco Bilbao Vizcaya Argentaria in connection with the sale to Grupo de Inversiones Suramericana (Grupo Sura) of Administradora de Fondos de Pensiones Horizonte, the third largest pension fund administrator in Peru. The transaction closed on April 23, 2013.

BBVA is a multinational Spanish banking group.

Grupo Sura is a Colombian financial services conglomerate.