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BBVA Announces Early Redemption of 1.5 Billion Euro Territorial Bonds

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BBVA Announces Early Redemption of 1.5 Billion Euro Territorial Bonds

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Banco Bilbao Vizcaya Argentaria ( (ES:BBVA) ) has issued an update.

BBVA has announced the early redemption of its ‘Territorial Bonds – September 2020,’ with a total issuance amount of 1.5 billion euros. This strategic move, set for completion by April 29, 2025, reflects BBVA’s proactive financial management and could impact its liquidity and financial strategy positively.

More about Banco Bilbao Vizcaya Argentaria

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is a multinational financial services company based in Spain. It operates in the banking industry, providing a wide range of financial products and services, including retail banking, corporate banking, asset management, and insurance. BBVA has a significant market presence in Spain and Latin America, with a focus on digital transformation and innovation in banking services.

YTD Price Performance: 27.33%

Average Trading Volume: 4,227,356

Technical Sentiment Signal: Sell

Current Market Cap: €68.5B

For a thorough assessment of BBVA stock, go to TipRanks’ Stock Analysis page.

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