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Published on 2/20/2019 in the Prospect News Liability Management Daily.

BBVA to redeem €1.5 billion 3.5% subordinated notes on April 11

By Sarah Lizee

Olympia, Wash., Feb. 20 – Banco Bilbao Vizcaya Argentaria SA intends to redeem its €1.5 billion 3.5% subordinated tier 2 notes, according to a notice.

The notes will be redeemed on April 11 at par of €100,000 plus accrued interest up to but excluding the redemption date.

BBVA is a Bilbao, Spain-based bank and finance company.


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