Company: BBVXF
Filing Date: 2025-04-29
Form Type: 6-K
Source: 0000842180-25-000020
Chunk: 20

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-04-29
Form: 6-K
Chunk 20
---
 out by the BBVA Group during the first quarter of 2025 are listed below:

| Issuer     |     |        |     | Type of issue |     | Date of issue |     | Nominal (millions) |     | Currency |     | Coupon |     | Early redemption |     | Maturity date |
| BBVA, S.A. |     |        |     | AT1           |     |        Jan-25 |     |              1,000 |     | USD      |     | 7.750% |     | Jan-32           |     | Perpetual     |
|            |     | Tier 2 |     | Feb-25        |     |         1,000 |     |                EUR |     | 4.000%   |     | Feb-32 |     | Feb-37           |     |               |

Also, on April 1, 2025, BBVA announced its irrevocable decision to redeem early, and entirely, an issue of simple preferred bonds made in May 2023 for €1 billion on May 10, 2025.

BBVA Mexico issued in February 2025 USD 1 billion of Tier 2 subordinated debt with a coupon of 7.625%, and maturity in February 2035 (with an early redemption date in February 2030). In March, an issue was made in the local market for 15 billion Mexican pesos, in two tranches, the first, BBVAMX 25, was placed for a term of three and a half years with a variable rate of TIIE overnight funding plus 32 basis points, while the second tranche, BBVAMX 25-2, closed at a fixed rate of 9.67% for a term of seven years.

In the first quarter, Garanti BBVA issued a total of USD 736m of short-term Senior MtNs (Medium term notes) in order to roll over maturities and generate liquidity.

In February 2025, BBVA Argentina issued a total of €91m in four senior issues, issued 66 billion Argentine pesos (9 billion at 7 months with fixed rates and 57 billion at 12 months with variable rates) and USD 37m (16.5m at 12 months and 20.5m at 6 months).

In December 2024, BBVA Peru signed a contract with the Inter-American Development Bank (hereinafter IDB