Banco Cencosud S.A. announced a private placement of 28,400,000 common shares at PEN 1 per share for gross proceeds of PEN 28,400,000 on July 11, 2014. The shares are issued at par value. The consideration for the transaction is made by way of cash and non-cash injection. The new outstanding shares of the company are now 168,210,000. The share capital was increased by 19.16%. Shareholder, E. Wong renounced to its preferred right.

On July 11, 2014, Banco Cencosud S.A. closed the transaction.