BBVA to redeem EUR 1B senior notes early
Banco Bilbao Vizcaya Argentaria, S.A.
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Rhea-AI Filing Summary
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has taken an irrevocable decision to early redeem all of its EUR 1,000,000,000 Senior Preferred Notes on 24 March 2026, after obtaining prior permission from the Single Resolution Board.
Each Senior Preferred Note will be redeemed at an Optional Redemption Amount of EUR 100,000 plus accrued and unpaid interest of EUR 125 per note, payable on 24 March 2026 in line with the original issuance terms.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did BBVA (BBVA) announce in its February 2026 Form 6-K?
What amount of Senior Preferred Notes is BBVA redeeming early?
What will holders of BBVA’s Senior Preferred Notes receive at redemption?
When will BBVA’s early redemption of the Senior Preferred Notes take place?
Did BBVA obtain regulatory permission for the early note redemption?
AI-generated analysis. How Rhea-AI works. Not financial advice.