BBVA Peru: Social Bond

in implementation

Banco BBVA Peruand IDB Invest are evaluating a new operation through an international private issuance of senior Social Bonds that promote the financial inclusion of micro and small enterprises led and/or owned by women. The total amount of the issuance will be in Dollars of the United States of America (“US$”) up to US$200 million, composed as follows: (i) a subscription by IDB Invest for an amount of up to US$75 million; and (ii) an amount mobilized with other co-investors of up to US$125 million. The bonds will have a term of up to five years. The issuance of these bonds will require the approval of the Superintendence of Banks, Insurance and Private Pension Funds (“SBS”).