49AF Bbva Int'l

TIDM49AF

RNS Number : 4494I

BBVA International Pref S.A

11 December 2020

THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF HOLDERS. IF ANY HOLDER IS IN ANY DOUBT AS TO THE ACTION IT SHOULD TAKE, IT IS RECOMMENDED TO SEEK ITS OWN FINANCIAL AND/OR LEGAL ADVICE, INCLUDING IN RESPECT OF ANY TAX CONSEQUENCES, IMMEDIATELY FROM ITS BROKER, BANK MANAGER, SOLICITOR, ACCOUNTANT OR OTHER INDEPENDENT FINANCIAL, TAX OR LEGAL ADVISER.

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014

BBVA INTERNATIONAL PREFERRED, S.A. UNIPERSONAL

(the Issuer)

NOTICE TO HOLDERS

of the Issuer's outstanding

Series D GBP400,000,000 Non-Step-Up Fixed/Floating Rate Non-Cumulative Perpetual Guaranteed Preferred Securities

(the Preferred Securities)

ISIN: XS0308305803

Capitalised terms used but not defined in this notice shall have the meanings given to them in the Terms and Conditions of the Preferred Securities (the Conditions).

11 December 2020.

NOTICE IS HEREBY GIVEN to holders of the Preferred Securities (the Holders) that pursuant to Condition 4 (Optional Redemption), the Issuer has elected to redeem all but not some only, of the outstanding Preferred Securities on 19 January 2021 (the Optional Redemption Date). In accordance with Condition 4.1, the outstanding Preferred Securities shall be redeemed at their Redemption Price per Preferred Security, which is GBP50,000 per Preferred Security plus accrued and unpaid Distributions for the current Distribution Period to the Optional Redemption Date.

Once the Redemption Price has been deposited with the Principal Paying Agent in accordance with Condition 4.5, then on the Optional Redemption Date and pursuant to Condition 4.6:

   (a)        distributions on the Preferred Securities shall cease; 
   (b)        the Preferred Securities will no longer be considered outstanding; and 

(c) Holders will no longer have any rights as holders except the right to receive the Redemption Price.

Holders should contact the Principal Paying Agent at the details set out below or Marta García / Ignacio Echevarría: (email: mgarciat@bbva.com/ ignacio.echevarria@bbva.com; phone number +34 638 841 078 / +34 680 642 551) for further information.

Citibank, N.A.

21st Floor, Citigroup Centre

Canada Square

Canary Wharf

London E14 5LB

   Fax number:    +353 1 506 0339 
   Telephone:       +353(1)622 2211 
   Email:              corporateaction.instruction@citi.com 

This announcement is released by BBVA International Preferred, S.A. Unipersonal and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR), encompassing information relating to the Preferred Securities described above. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Ignacio Echevarría Soriano, Director at BBVA International Preferred, S.A. Unipersonal.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCKZMMZVMDGGZM

(END) Dow Jones Newswires

December 11, 2020 12:00 ET (17:00 GMT)

Bbva Int'l (LSE:49AF)
Historical Stock Chart
From Nov 2024 to Dec 2024

Bbva Int'l (LSE:49AF)
Historical Stock Chart
From Dec 2023 to Dec 2024