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BBVA Announces Early Redemption of Senior Preferred Bonds

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BBVA Announces Early Redemption of Senior Preferred Bonds

Banco Bilbao Vizcaya Argentaria ( (ES:BBVA) ) has shared an announcement.

BBVA has announced its decision to redeem early the issuance of Senior Preferred bonds, originally made in May 2023, with a total nominal amount of 1,000 million euros. This strategic move, set to occur in May 2025, aligns with the company’s financial management strategies and requires authorization from the European Central Bank, potentially impacting stakeholders by demonstrating BBVA’s proactive financial planning and commitment to maintaining robust financial health.

More about Banco Bilbao Vizcaya Argentaria

Banco Bilbao Vizcaya Argentaria (BBVA) is a major financial institution operating in the banking industry, offering a wide range of financial services including retail banking, asset management, and corporate banking. The company has a significant market presence in Europe and Latin America, focusing on innovation and digital transformation to enhance customer experience.

YTD Price Performance: 36.17%

Average Trading Volume: 1,951,060

Technical Sentiment Signal: Sell

Current Market Cap: €73.16B

Find detailed analytics on BBVA stock on TipRanks’ Stock Analysis page.

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