Bond BBVA Banco 0.131% ( XS1788584321 ) in EUR

BBVA Banco

100 % ▼

Spain

XS1788584321 ( in EUR )

0.131% per year ( payment 4 times a year)

08/03/2023 - Bond has expired

Prospectus brochure of the bond BBVA XS1788584321 in EUR 0.131%, expired

100 000 EUR

1 500 000 000 EUR

BBVA is a Spanish multinational financial services corporation offering a wide range of banking, investment, and wealth management products and services globally.

The Bond issued by BBVA Banco ( Spain ) , in EUR, with the ISIN code XS1788584321, pays a coupon of 0.131% per year.
The coupons are paid 4 times per year and the Bond maturity is 08/03/2023

Execution Version
FINAL TERMS
PROHIBITION OF SALES TO EEA RETAIL INVESTORS
The Notes are not intended to be offered, sold or otherwise made available to, and, with effect
from such date, should not be offered, sold or otherwise made available to any retail investor
in the European Economic Area (the EEA). For these purposes, a retail investor means a person
who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive
2014/65/EU (MiFID II); (ii) a customer within the meaning of Directive 2002/92/EC (IMD),
where that customer would not qualify as a professional client as defined in point (10) of Article
4(1) of MiFID II; or (iii) not a qualified investor as defined in Directive 2003/71/EC (as
amended, the Prospectus Directive). Consequently no key information document required by
Regulation (EU) No 1286/2014 (the PRIIPs Regulation) for offering or selling the Notes or
otherwise making them available to retail investors in the EEA has been prepared and therefore
offering or selling the Notes (or beneficial interests therein) or otherwise making them available
to any retail investor in the EEA may be unlawful under the PRIIPs Regulation.
1 March 2018
Banco Bilbao Vizcaya Argentaria, S.A.
Issue of
EUR 1,500,000,000 Senior Non-Preferred Floating Rate Notes due March 2023
under the 40,000,000,000
Global Medium Term Note Programme
PART A - CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the terms and
conditions (the Conditions) set forth in the Offering Circular dated 17 July 2017 and the
supplements to it dated 31 July 2017, 27 October 2017, 28 December 2017 and 14 February
2018 which together constitute a base prospectus for the purposes of the Prospectus Directive
(the Offering Circular). This document constitutes the Final Terms of the Notes described
herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in
conjunction with the Offering Circular. Full information on the Issuer and the offer of the Notes
is only available on the basis of the combination of these Final Terms and the Offering Circular.
The Offering Circular has been published on the website of the London Stock Exchange.
1.
Issuer:
Banco Bilbao Vizcaya Argentaria, S.A.
2.
(a)
Series Number:
155
(b)
Tranche Number:
1
(c)
Date on which the Notes will be Not Applicable
consolidated and form a single
Series:
3.
Specified Currency or Currencies:
Euro (EUR)
4.
Aggregate Nominal Amount:

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(a)
Series:
EUR 1,500,000,000
(b)
Tranche:
EUR 1,500,000,000
5.
Issue Price:
100.404 per cent. of the Aggregate
Nominal Amount
6.
(a)
Specified Denomination:
EUR 100,000
(b)
Calculation Amount (in relation EUR 100,000
to calculation of interest in
global form see Conditions):
7.
(a)
Issue Date:
9 March 2018
(b)
Interest Commencement Date:
Issue Date
8.
Maturity Date:
9 March 2023, subject to adjustment in
accordance with the Business Day
Convention set out in 16(b) below
9.
Interest Basis:
3 month Euribor + 0.60 per cent.
(see item 16, below)
10.
Redemption/Payment Basis:
Subject to any purchase and cancellation
or early redemption, the Notes will be
redeemed on the Maturity Date at 100 per
cent. of their nominal amount
11.
Change of Interest Basis:
Not Applicable
12.
Put/Call Options:
Not Applicable
13.
Status of the Notes:
Senior
(a)
Status of Senior Notes:
Senior Non-Preferred
(b)
Status of Subordinated Notes:
Not Applicable
(c)
Date approval for issuance of Not Applicable
Notes obtained:
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14.
Fixed Rate Note Provisions
Not Applicable
15.
Fixed Reset Provisions:
Not Applicable
16.
Floating Rate Note Provisions
Applicable

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(a)
Specified
Period(s)/Specified Interest shall be payable quarterly in
Interest Payment Dates:
arrears on 9 March, 9 June, 9 September
and 9 December in each year, from and
including 9 June 2018, to and including
the Maturity Date, subject to adjustment
in accordance with the Business Day
Convention set out in (b) below
(b)
Business Day Convention:
Modified Following Business Day
Convention
(c)
Additional Business Centre(s):
Not Applicable
(d)
Manner in which the Rate of Screen Rate Determination
Interest and Interest Amount is to
be determined:
(e)
Party responsible for calculating Not Applicable
the Rate of Interest and Interest
Amount (if not the Principal
Paying Agent):
(f)
Screen Rate Determination:
Applicable

Reference Rate:
3 month EURIBOR

Interest
Determination Second day on which the TARGET2
Date(s):
System is open prior to the start of each
Interest Period

Relevant Screen Page:
Reuters Page EURIBOR01

(g)
ISDA Determination:
Not Applicable
(h)
Linear Interpolation:
Not Applicable
(i)
Margin:
+0.60 per cent. per annum
(j)
Minimum Rate of Interest:
0.00 per cent. per annum
(k)
Maximum Rate of Interest:
Not Applicable
(l)
Day Count Fraction:
Actual/360
17.
Zero Coupon Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION

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18.
Tax Redemption

If redeemable in part:

(a)
Minimum Redemption Amount: EUR 100,000
(b)
Maximum Redemption Amount: EUR 1,499,900,000
19.
Issuer Call
Not Applicable
20.
Investor Put
Not Applicable
21.
Final Redemption Amount:
EUR 100,000 per Calculation Amount
22.
Early Redemption Amount payable on EUR 100,000 per Calculation Amount
redemption for taxation reasons, on an
event of default, upon the occurrence of
a Capital Event or upon the occurrence
of an Eligible Liabilities Event:
GENERAL PROVISIONS APPLICABLE TO THE NOTES
23.
Form of Notes:
Bearer Notes:

Temporary
Bearer
Global
Note
exchangeable for a Permanent Bearer
Global Note which is exchangeable for
Definitive Notes upon an Exchange Event
excluding the Exchange Event described
in paragraph (iii) of the definition in the
Permanent Global Note
24.
New Global Note (NGN):
Applicable
25.
Additional Financial Centre(s):
Not Applicable
26.
Talons for future Coupons to be attached No
to Definitive Bearer Notes:
27.
Condition 16 applies:
Yes
28.
Eligible Liabilities Event:
Applicable in accordance with the
Conditions
29.
Additional Events of Default (Senior Not Applicable
Preferred Notes):
30.
RMB Currency Event:
Not Applicable
31.
Spot Rate (if different from that set out Not Applicable
in Condition 5(h)):

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32.
Party responsible for calculating the Not Applicable
Spot Rate:
33.
Relevant Currency (if different from that Not Applicable
in Condition 5(h)):
34.
RMB Settlement Centre(s)

Not Applicable

Signed on behalf of the Issuer:

By:

.......................................................................
Duly authorised

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PART B - OTHER INFORMATION
1.
LISTING AND ADMISSION TO TRADING
(a)
Listing and Admission to Application has been made by the Issuer (or
trading:
on its behalf) for the Notes to be admitted to
trading on the London Stock Exchange's
regulated market and to the Official List of
the UK Listing Authority with effect from 9
March 2018.
(b)
Estimate of total expenses GBP 4,070
related
to
admission
to
trading:
2.
RATINGS

The Notes to be issued are expected to be
rated:
Standard & Poor's Credit Market Services
Europe Limited (S&P): BBB
Moody's Investors Services España, S.A.
(Moody's): Baa3
Fitch Ratings España, S.A.U. (Fitch): A-
Each of S&P, Moody's and Fitch is
established in the EEA and registered under
Regulation (EU) No 1060/2009, as amended.

3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE
ISSUE
Save for any fees payable to the Managers, so far as the Issuer is aware, no person
involved in the issue of the Notes has an interest material to the offer. The Managers
and their affiliates have engaged and may in the future engage in investment banking
and/or commercial banking transactions with, and may perform other services for,
the Issuer and its affiliates in the ordinary course of business
4.
YIELD

Indication of yield:
Not Applicable

5.
OPERATIONAL

INFORMATION

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(a)
ISIN:
XS1788584321
(b)
Common Code:
178858432
(c)
CUSIP:
Not Applicable
(d)
Any clearing system(s) other Not Applicable
than Euroclear Bank SA/NV,
Clearstream Banking, S.A.
and the Depository Trust
Company and the relevant
identification number(s):
(e)
Delivery:
Delivery against payment
(f)
Names and addresses of Not Applicable
additional Paying Agent(s) (if
any):
6.
PROHIBITION OF SALES TO

EEA RETAIL INVESTORS

Prohibition of sales to EEA Retail
Applicable
Investors:

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