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BVA Banco Bilbao Vizcaya Argentaria S.a.

10.12
0.15 (1.50%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Banco Bilbao Vizcaya Argentaria S.a. LSE:BVA London Ordinary Share ES0113211835 ORD EUR0.49
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.15 1.50% 10.12 10.14 10.62 10.14 10.14 10.14 27,947,821 16:35:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 33.56B 8.02B 1.3515 7.50 60.16B

Banco Bilbao Vizcaya Argentaria SA Scope upgrades BBVA's senior unsecured rating (0758M)

25/07/2017 5:39pm

UK Regulatory


Banco Bilbao Vizcaya Arg... (LSE:BVA)
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TIDMBVA

RNS Number : 0758M

Banco Bilbao Vizcaya Argentaria SA

25 July 2017

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), in compliance with the Securities Market legislation, hereby communicates the following:

RELEVANT INFORMATION

On July 25th, 2017 Scope Ratings (Scope) has upgraded by one notch BBVA's rating for existing senior unsecured debt from A to A+, with stable outlook.

This rating action follows the passage, in June 2017, of Royal Decree Law 11/2017, which introduces the possibility for Spanish banks to issue non-preferred senior unsecured debt TLAC/MREL eligible and "reflects Scope's opinion that, while the credit fundamentals of the group did not change, going forward the senior unsecured liabilities not eligible for TLAC/MREL should benefit from the protection of a materially more ample capital structure in a default-like situation".

Madrid, July 25th, 2017

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCQELFLDDFXBBQ

(END) Dow Jones Newswires

July 25, 2017 12:39 ET (16:39 GMT)

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