MADRID, 5 Oct. (EUROPA PRESS) -
BBVA has returned to the market with an issue of preferred senior debt with a 'green' label and a maturity of seven years, financial sources informed Europa Press.
The bonds will be denominated in euros and will be listed on Euronext Dublin. Its exit type is 'midswap' plus 170/180 basic points and the placement banks of the issue are BBVA, Barclays, BNP Paribas, Commerzbank and Société Générale.
The purpose of the issue is to finance the greater commercial activity that BBVA is seeing this year and fulfill the commitment to carry out at least one issue with environmental, sustainable and governance (ESG) criteria per year.
This is the fifth public issue that BBVA has carried out in 2022. In the previous months, it has launched two senior non-preferred debt issues, one for €1,000 million in January and another for $1,750 million in two tranches in September, and two other senior preferred debt issues, one of 1,750 million euros in two tranches in May and another of 1,250 million euros in September.