Early redemption of EUR 1B BBVA (BBVA) senior notes in 2026

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.

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FAQ

What did BBVA (BBVA) announce in its February 2026 Form 6-K?

BBVA announced an irrevocable decision to early redeem all of its EUR 1,000,000,000 Senior Preferred Notes. The redemption will occur on 24 March 2026, the Optional Redemption Date, following prior authorization from the Single Resolution Board, in accordance with the notes’ original terms and conditions.

What amount of Senior Preferred Notes is BBVA redeeming early?

BBVA is redeeming early Senior Preferred Notes with a total nominal amount of EUR 1,000,000,000. These notes were originally issued on 24 March 2021 and identified by ISIN code XS2322289385, and the early redemption will take place on 24 March 2026 as specified in the documentation.

What will holders of BBVA’s Senior Preferred Notes receive at redemption?

Holders will receive an Optional Redemption Amount of EUR 100,000 per Senior Preferred Note plus accrued and unpaid interest of EUR 125 per note. This payment will be made on 24 March 2026, consistent with the terms and conditions governing the original issuance of the notes.

When will BBVA’s early redemption of the Senior Preferred Notes take place?

The early redemption will occur on 24 March 2026, which is the Optional Redemption Date specified for these Senior Preferred Notes. On that date, BBVA will pay the redemption amount and accrued interest to noteholders, following the terms originally agreed at issuance in March 2021.

Did BBVA obtain regulatory permission for the early note redemption?

Yes. BBVA obtained prior permission from the Single Resolution Board before deciding to early redeem its EUR 1,000,000,000 Senior Preferred Notes. This authorization allows the bank to proceed with the redemption on 24 March 2026 under the established regulatory and contractual framework.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of February, 2026

Commission file number: 1-10110

BANCO BILBAO VIZCAYA ARGENTARIA, S.A.

(Exact name of Registrant as specified in its charter)

BANK BILBAO VIZCAYA ARGENTARIA, S.A.

(Translation of Registrant’s name into English)

Calle Azul 4,

28050 Madrid

Spain

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F     X         Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes          No      X

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes          No      X

Banco Bilbao Vizcaya Argentaria, S.A. (“BBVA”), in compliance with the Securities Market legislation, hereby proceeds to notify the following:

OTHER RELEVANT INFORMATION

BBVA hereby announces its irrevocable decision to early redeem all of its EUR 1,000,000,000 Senior Preferred Notes issued on 24 March 2021, and identified with ISIN code XS2322289385 (the “Issuance”), next 24 March 2026 (coinciding with the Optional Redemption Date), and having obtained the prior permission from the Single Resolution Board (SRB).

The Optional Redemption Amount per Senior Preferred Note shall be EUR 100,000 plus any accrued and unpaid interest until (but excluding) 24 March 2026, which amounts to EUR 125 per Senior Preferred Note, and shall be paid to holders of such Senior Preferred Notes on 24 March 2026, in accordance with the terms and conditions of the Issuance.

Madrid, 11 February 2026

This English version is a translation of the original in Spanish for information purposes only. In case of discrepancy, the Spanish original will prevail.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Banco Bilbao Vizcaya Argentaria, S.A.

 Date: February 11, 2026

By: /s/ José María Caballero Cobacho

Name: José María Caballero Cobacho

Title: Global ALM Director