Argos signs COP160bn ESG-linked performance loan with BBVA 15 March 2021 BBVA and Argos (Grupo Argos) signed a long-term financing agreement through a sustainable loan in an ESG-linked format for COP160bn (US$44.8m) where the loan includes a pricing adjustment mechanism that links the interest rate to the company’s ESG performance. This transaction is the first of its kind in Colombia and constitutes Grupo Argos' debut in sustainable financing. The loan granted by BBVA in Colombia to Cementos Argos includes an adjustment mechanism through which the interest rate will be linked to the company's ESG (Environmental, Social and Governance) general performance.