Obbligazione BBVA Banco 4% ( XS1569874503 ) in EUR

Emittente BBVA Banco
Prezzo di mercato refresh price now   100 EUR  ⇌ 
Paese  Spagna
Codice isin  XS1569874503 ( in EUR )
Tasso d'interesse 4% per anno ( pagato 1 volta l'anno)
Scadenza 24/02/2032



Prospetto opuscolo dell'obbligazione BBVA XS1569874503 en EUR 4%, scadenza 24/02/2032


Importo minimo 100 000 EUR
Importo totale 165 000 000 EUR
Coupon successivo 24/02/2026 ( In 288 giorni )
Descrizione dettagliata BBVA è una banca multinazionale spagnola con una forte presenza in Spagna, America Latina e Stati Uniti, operante nel settore finanziario con servizi di banca commerciale, investimento e gestione patrimoniale.

The Obbligazione issued by BBVA Banco ( Spain ) , in EUR, with the ISIN code XS1569874503, pays a coupon of 4% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 24/02/2032








Banco Bilbao Vizcaya Argentaria S.A. ("BBVA")
Tap Dated Subordinated, BBVASM 4 2032 (XS1569874503) Tier 2 due
February 2032

Indicative Terms and Conditions

Issuer:



Banco Bilbao Vizcaya Argentaria SA

Issuer Ratings:


Baa1/Stable (Moody's); BBB+/Stable (S&P); A- /Stable (Fitch)

Security:



Dated Subordinated, Tier 2

Format:
Reg S Bearer. CRD IV / CRR compliant

Ratings:



Baa3/BBB-/BBB+ (Moody's/S&P/Fitch)

Original Amount


EUR 100,000,000

Increase Amount:


EUR 65,000,000. (New Total EUR165,000,000)



Trade Date:



2nd March 2017

Settlement:



14th March 2017 (fully fungible from settlement)

Maturity:



24th February 2032

Coupon:
4.00%, Fixed, Annual Act/Act (ICMA) Following unadjusted.

Yield:



4.000%

Issue Price:



100.000%

Accrued coupon:


0.197260% (EUR 128,219.18) (18 days)

Total Price (incl. Accrued coupon):
100.197260%

Net Proceeds


EUR 65,128,219.18

Status / Ranking:
Tier 2 Subordinated Notes pari passu with all contractually
subordinated obligations of the Issuer under any outstanding Tier 2
instruments, present and future. Junior to any unsubordinated
obligations of the Issuer, any Senior Subordinated Notes and any
other contractually subordinated obligations of the Issuer, not
constituting Additional Tier 1 Capital or Tier 2 Capital of the
Issuer. Senior to any other subordinated obligations of the Issuer
which by law rank junior to the Tier 2 Subordinated Notes,
including, any outstanding Additional Tier 1 Instruments, present
and future

Coupon Deferral:


None

Regulatory Call:
At any time at par, upon a Capital Event (i.e. change in Spanish
law or Applicable Banking Regulations that results or would
result in full or partial de-recognition of the Notes towards the
Group or the Issuer's Tier 2 Capital), subject to the prior
approval of the Regulator

Tax Call:
At any time at par, upon a change in the tax treatment of the
Notes (loss of deductibility or obligation to pa y additional
amount), subject to the prior approval of Regulator


1




Non-Viability:
Statutory loss absorption under BRRD, as transposed in Spain.
Acknowledgement of Spanish Bail-In Powers under certain
conditions (including if English law becomes the law of a third
country outside the European Union).

Denomination:


EUR 100K + EUR 100K

Business Day:


TARGET2

Listing:



London Stock Exchange

Documentation:
Under BBVA EUR 40bn Global Medium Term Note Programme
dated 25th November 2016, as supplemented on 16th December,
23rd December 2016, 1st February 2017 & 14th February 2017

Governing Law:
English Law, except the provisions relating to the status of the
Notes, which are governed by Spanish law

ISIN:



XS1569874503 (fully fungible from settlement)

Dealer:



BBVA



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