Estudio Echecopar, member firm of Baker Mckenzie International advised Scotiabank Perú S.A.A., as arranger, and Scotia Sociedad Agente de Bolsa S.A., as placement agent, in connection with the public offering of Banco Falabella's Second Issuance of certificates of deposit - Series E for an aggregate principal amount of PEN 60 million under its Sixth Negotiable Certificates of Deposit Program up to a maximun amount of PEN 350 MM. The proceeds will be used to finance the issuer's banking activities.

Partner Alonso Miranda and associate Ana Paula Saavedra advised the arranger and the placement agent throughout the process.