Company: BBVXF
Filing Date: 2025-03-21
Form Type: 6-K
Source: 0000842180-25-000016
Chunk: 174

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-03-21
Form: 6-K
Chunk 174
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                EUR |     | 3 month Euribor rate + 45 basis points |     | —                |     | Jun-27           |     |               |
|            |     | Senior preferred              |     | Jun-24           |     |              750 |     |                EUR |     | 3.625%                                 |     | —                |     | Jun-30           |     |               |
|            |     | AT1 (CoCo)                    |     | Jun-24           |     |              750 |     |                EUR |     | 6.875%                                 |     | Dec-30 to Jun-31 |     | Perpetual        |     |               |
|            |     | Tier 2                        |     | Aug-24           |     |            1,000 |     |                EUR |     | 4.375%                                 |     | May-31 to Aug-31 |     | Aug-36           |     |               |

Additionally, BBVA, S.A. redeemed two capital issuances in the first half of 2024: in February 2024, a Tier 2 issuance in February 2019, for an amount of €750m and, in March 2024, an AT1 issued in 2019 on its first date of optional redemption, for an amount of €1 billion. In addition, in December, the redemption of a Tier 2 issuance of subordinated bonds issued in January 2020 in the amount of €1 billion, effectively completed in January 2025, was announced.

BBVA Mexico issued in January 2024, Tier 2 bonds for USD 900m with a maturity of 15 years and an early repayment option in 10 years with a coupon of 8.125%. Additionally, on April 10 2024, BBVA Mexico issued bank stock certificates for 15 billion Mexican pesos in two tranches. In addition, in September 2024, BBVA Mexico carried out a debt issue of USD 600m on international market for a term of five years and a fixed rate of 5.25%. Lastly, in October 2024, BBVA Mexico issued local bonds for 15.98 billion Mexican pesos in three tranches, one of them for USD 200m. The high participation and diversification achieved reaffirmed the confidence and interest of investors in BBVA Mexico.

In Turkey, Garanti BBVA issued two Tier 2 subordinated instruments