30 Apr 2012 08:05
Banco Bilbao Vizcaya Argentaria, S.A.(BBVA), in compliance with the Securities Market legislation, hereby communicates the following:
RELEVANT EVENT
Standard & Poor's has disclosed on April, 30th 2012 the modification of BBVA´s rating, as follows:
·; Issuer and Senior debt ratings: BBB+ from A. Outlook Negative
·; Short term Issuer Rating: A-2 from A-1
·; Non-deferrable Subordinated Debt: BBB from BBB+. Placed on Credit Watch with negative implications.
·; Tier 1 hybrid notes: BB+ from BBB-. Placed on Credit Watch with negative implications.
Madrid, April 30, 2012