SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under the
Securities Exchange Act of 1934
For the month of November 2012
Commission File Number: 001-14014
CREDICORP LTD.
(Translation of registrant’s name into English))
Clarendon House
Church Street
Hamilton HM 11 Bermuda
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-Fx Form 40-Fo
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
November 29th, 2012
SUPERINTENDENCIA DEL MERCADO DE VALORES - SMV
Re.: MATERIAL EVENT
Dear Sirs:
In accordance with CONASEV Article 28° of the Consolidated Text of the Law on Securities Market, approved by Supreme Decree No. 093-2002-EF Resolution for Material Events, Reserved Information and Other Communications N° 107-2002-EF/94.10, as modified by CONASEV Resolution N° 009-2003-EF/94.10, Credicorp Ltd. complies with notifying you of the following Material Event:
Credicorp’s Board of Directors decided, at its session held on November 28th, to strengthen Credicorp’s equity by increasing its Special Reserves by an amount of US$ 450,000,000 (four hundred and fifty million U.S dollars) while reducing its Voluntary Reserves in the same amount. The Board has also agreed not to reduce its Special Reserves without the Supervisor’s authorization.
These decisions aim to comply with the capital requirements (Resolution No. 11823-2010) defined by the Superintendency of Banking, Insurance and Pension Funds in Peru, country where Credicorp’s subsidiaries perform most of their operations.
Sincerely,
Mario Ferrari Quiñe
Stock Market Representative
Credicorp Ltd.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: November 29, 2012
CREDICORP LTD. (Registrant) | |||
| By: | /s/ Mario Ferrari | ||
| Mario Ferrari | |||
| Authorized Representative | |||