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BBVA Subordinated buys back €68.1 million, £34.3 million of notes
By Ashley Montgomery
Kansas City, Kan., Nov. 28 - BBVA Subordinated Capital SA Unipersonal has repurchased portions of four series of notes, according to a notice filed with the London Stock Exchange.
The following notes are affected:
• €3.8 million of subordinated floating-rate callable step-up notes due Oct. 2020, leaving €146.2 million outstanding;
• €32.3 million of subordinated floating-rate callable step-up notes due Oct. 2017, leaving €217.7 million outstanding;
• £34.3 million of subordinated floating-rate callable step-up notes due March 2018, leaving £215.7 million outstanding; and
• €32 million of callable subordinated step-up notes due April 2022, leaving €68 million outstanding.
The bank and finance company are based in Bilbao, Spain.
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