BBVA Banco Continental SA said that it has signed a loan contract with Goldman Sachs Bank for $500 million.

Peru's second largest bank, BBVA Banco Continental told Peru's securities regulatory agency late Thursday that it hadn't made any bond placement in international markets.

A Lima-based newspaper ran a story Thursday saying the bank had placed a bond issue.

Spain's Banco Bilbao Vizcaya Argentaria SA and Peru's Brescia group together have a controlling stake in BBVA Banco Continental.

-By Robert Kozak, Dow Jones Newswires; 511-99927 7269; peru@dowjones.com

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