REG - Banco Bil.Viz.Argent - Early redemption of the entire issuance

Banco Bilbao Vizcaya Argentaria SAAnnouncement

Wed 08:00

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RNS Number : 9185L  Banco Bilbao Vizcaya Argentaria SA  17 December 2025

 

 

 

 

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

 

 

INSIDE INFORMATION

 

 

 

Pursuant to the terms and conditions of the issuance of green preferred
securities contingently convertible into ordinary shares of BBVA, carried out
by BBVA on 15 July 2020 for a total amount of EUR 1,000 million, with ISIN
code ES0813211028 (the "Issuance"), and once the prior consent from the
Regulator has been obtained, BBVA hereby announces its irrevocable decision to
early redeem in whole the Issuance on 15 January 2026 (the "Redemption Date"),
which coincides with the First Reset Date, as defined in the terms and
conditions of the Issuance.

 

The Redemption Price per preferred security shall be EUR 203,000, which is
equal to the Liquidation Preference plus the amount equal to any accrued and
unpaid distributions for the then current distribution period to (but
excluding) the Redemption Date, provided that it is not cancelled pursuant to
the limitations on payment set out in the terms and conditions of the
Issuance, and shall be paid in accordance with such terms and conditions.

 

 

 

Madrid, 17 December 2025

 

 

 

 

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