REG - Banco Bil.Viz.Argent - Early redemption of Subordinated Notes issuance

Banco Bilbao Vizcaya Argentaria SAAnnouncement

17/01/2024 16:45

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RNS Number : 0551A  Banco Bilbao Vizcaya Argentaria SA  17 January 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 750 million
and with ISIN code XS1954087695 (the "Issuance"), that was qualified as Tier 2
capital of the Bank and the Group, next 22 February 2024 (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) 22 February 2024, which
amounts EUR 2,575 per Subordinated Note, and shall be paid to Holders in
accordance with the terms and conditions of the Issuance.

 

 

Madrid, 17 January, 2024

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