OIR redemption GMTN 167 (T2)

Summary by AI BETAClose X

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has announced its irrevocable decision to exercise the early redemption of its GBP 300 million issue of Subordinated Notes, ISIN code XS2206805769, which qualify as Tier 2 capital. This early redemption will occur on July 15, 2026, the optional redemption date. The redemption amount per note will be GBP 100,000 plus accrued and unpaid interest of GBP 3,104 per note, payable according to the issue's terms and conditions, following authorization from the European Central Bank.

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