Banco Internacional del Perú S.A.A. announced that it has commenced a cash tender offer, on the terms and subject to the conditions in the Bank's Offer to Purchase and Consent Solicitation Statement, for any and all of the outstanding 5.750% Senior Notes due 2020 issued by Interbank, acting through its Panamanian branch. The Bank is also soliciting consents to a proposed amendment to the senior notes indenture governing the Notes to reduce the minimum notice period required for optional redemption of the Notes to five days on the terms and subject to the conditions. Holders who validly tender and do not validly withdraw their Notes prior to 5:00 p.m., New York City time, on October 2, 2019 will be eligible to receive a total consideration of $1,033.25 per $1,000 principal amount of Notes tendered and accepted for purchase by the Bank, which includes a consent payment of $30 per $1,000 principal amount of Notes. Holders who validly tender their Notes after the Early Tender and Consent Date and at or prior to the Expiration Time will be eligible to receive the tender offer consideration of $1,003.25 per $1,000 principal amount of Notes tendered and accepted for purchase by the Bank. The tender offer is scheduled to expire at 11:59 p.m., New York City time, on October 17, 2019, unless extended or earlier terminated by the Bank. Tendered Notes may be withdrawn at any time on or prior to 5:00 p.m., New York City time, on October 2, 2019, unless extended by the Bank (the "Withdrawal Deadline"). Any tender of the Notes prior to the Withdrawal Deadline may be validly withdrawn and consents may be validly revoked at any time prior to the Withdrawal Deadline but not thereafter except to the extent that are required by law to provide withdrawal rights.