trending Market Intelligence /marketintelligence/en/news-insights/trending/8KxSrRez8ZddBK5bDwjHhw2 content esgSubNav
In This List

BBVA issues €1.50B in floating-rate notes

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on LGD

BLOG

Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level

Blog

Financial Institutions Factor Transition Risk into Climate-Related Stress Testing


BBVA issues €1.50B in floating-rate notes

Banco Bilbao Vizcaya Argentaria SA issued €1.50 billion in five-year, floating-rate senior unsecured preferred bonds, Cbonds reported April 4, a day after Europa Press.

The notes, which will not be able to absorb losses, mature April 12, 2022, and carry a coupon of three-month EURIBOR plus 0.6%. Market sources told Europa Press that demand for the notes reached €3.25 billion.

BBVA, Bank of America Merrill Lynch, Commerzbank, Crédit Agricole CIB, HSBC and UniCredit served as book runners.