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

Banco Bilbao Vizcaya Argentaria SAAnnouncement

04/12/2024 17:15

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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

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