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 205 giorni )
Descrizione dettagliata BBVA č 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.

Il mercato obbligazionario presenta un'opportunitā d'investimento significativa con l'emissione di un'obbligazione con codice ISIN XS1569874503, emessa dalla Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), uno dei principali gruppi bancari multinazionali spagnoli. Fondata nel 1857, BBVA č riconosciuta a livello globale per la sua solida posizione finanziaria e la sua forte presenza in oltre 30 paesi, con mercati chiave che includono Spagna, America Latina, Turchia e Stati Uniti, offrendo un'ampia gamma di servizi bancari al dettaglio, corporate e d'investimento. Questa specifica obbligazione, denominata in Euro (EUR), č stata emessa dalla Spagna e ha un importo totale di emissione pari a 165.000.000 EUR. Attualmente, il suo prezzo di mercato č quotato al 100% del valore nominale, indicando che la negoziazione avviene alla pari. L'obbligazione offre un tasso d'interesse fisso del 4% annuo, con una frequenza di pagamento delle cedole annuale. La data di scadenza č fissata per il 24 febbraio 2032, offrendo una maturitā a medio-lungo termine. Per gli investitori interessati, il taglio minimo di acquisto č di 100.000 EUR, rendendola un'opzione per portafogli con una certa dimensione.








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


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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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