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Published on 5/17/2012 in the Prospect News Liability Management Daily.

BBVA Subordinated Capital redeems all €500 million floaters due 2017

By Ashley Montgomery

Kansas City, Kan., May 17 - BBVA Subordinated Capital SA, Unipersonal said it redeemed all of its outstanding €500 million subordinated floating-rate callable step-up notes due May 2017.

The notes were redeemed May 23.

The bank and finance company are based in Bilbao, Spain.


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