Banco Bilbao Vizcaya Argentaria SA Early Redemption of Subordinated Notes issuance

RNS Number : 8596O

Banco Bilbao Vizcaya Argentaria SA

04 December 2024

 

Banco Bilbao Vizcaya Argentaria, S.A. ("BBVA" or the "Bank"), in compliance with the Securities Market legislation, hereby proceeds to notify the following:

 

 

OTHER RELEVANT INFORMATION

 

 

BBVA hereby announces its irrevocable decision to early redeem its Subordinated Notes issuance, carried out for a total amount of EUR 1,000 million and with ISIN code XS2104051433 (the "Issuance"), that was qualified as Tier 2 capital of the Bank and the Group, next 16 January 2025 (coinciding with the Optional Redemption Date) and once the prior consent from the European Central Bank has been obtained.

 

The Optional Redemption Amount per Subordinated Note shall be EUR 100,000 plus any accrued and unpaid interests until (but excluding) 16 January 2025, which amounts EUR 1,000 per Subordinated Note, and shall be paid to Holders in accordance with the terms and conditions of the Issuance.

 

 

Madrid, 4 December 2024

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

MSCGZMGZNDZGDZM