Estudio Echecopar, member firm of Baker McKenzie International, acted as legal counsel to Scotiabank Perú S.A.A., as arranger, in connection with the public offering of Series C´s short-term debt securities of Banco Falabella Perú S.A. under the First Issuance of its Seventh Short-term debt securities Program, for an aggregate principal amount of PEN 50 million (approximately USD 13.37 million). The issued short-term debt securities had a demand of 2.55 times the issued amount.

Partner Alonso Miranda and associates Adrian Tovar and Ana Paula Saavedra advised the arranger throughout the process.