Company: BBVXF
Filing Date: 2025-01-08
Form Type: 424B5
Source: 0001193125-25-003393
Chunk: 178

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-01-08
Form: 424B5
Chunk 178
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BC Securities (USA) Inc.    |     | $                         |   160,000,000 |
| J.P. Morgan Securities LLC    |     | $                         |   160,000,000 |
| Bankinter SA                  |     | $                         |    10,000,000 |
| Danske Markets Inc.           |     | $                         |    10,000,000 |
| Rabo Securities USA, Inc.     |     | $                         |    10,000,000 |
| Scotia Capital (USA) Inc.     |     | $                         |    10,000,000 |
| Total                         |     | $                         | 1,000,000,000 |

| (1) | In addition to the Liquidation Preference of the Preferred Securities set forth above, each underwriter (other                                                                                                                                  
 than BBVA Securities Inc.) has agreed, severally and not jointly, to purchase from us a pro rata portion of the Liquidation Preference of any Preferred Securities set forth opposite the name of BBVA Securities Inc. above which has not been 
 purchased by purchasers procured by BBVA Securities Inc.                                                                                                                                                                                        |

| (2) | BBVA Securities Inc. has agreed to use its reasonable best efforts to procure purchasers for the Liquidation 
 Preference of Preferred Securities set forth opposite its name above.                                        |

The underwriters have advised us that they propose initially to offer the Preferred Securities to the public at the public offering price set forth on the cover page of this prospectus supplement. After the initial offering, the public offering price or any other term of the offering may be changed. We have agreed to indemnify the several underwriters and their controlling persons against certain liabilities in connection with this offering, including liabilities under the Securities Act, or to contribute to payments the underwriters may be required to make in respect of those liabilities. The underwriters have undertaken to purchase the Preferred Securities, subject to certain conditions contained in the underwriting agreement, such as the receipt by the underwriters of officer’s certificates and legal opinions. The underwriters reserve the right to withdraw, cancel or modify offers to the public and to reject orders in whole or in part. Commissions and Discounts The Preferred Securities sold by the underwriters to the public will initially be offered at the initial public offering price set forth on the cover of this prospectus supplement. If all the Preferred Securities are not sold at their initial public offering price, the underwriters may change the offering price and the other selling terms. The