BBVA Global Finance Ltd. (formerly Argentaria Global Finance Limited) (the Issuer) announces the results of the Meeting of the holders (the Noteholders) of its outstanding ITL 20,000,000,000 Variable Rate Notes due July 2013 (ISIN: XS0089225782) (the Notes)
On 30 October 2012 the Issuer gave notice (the Notice) of a meeting of the Noteholders (the Original Meeting) convened by it to be held at the offices of Allen & Overy LLP, One Bishops Square, London E1 6AD on 28 November 2012 at 11.00 a.m. (London time) for the purpose of considering and, if thought fit, passing an Extraordinary Resolution to provide for the early redemption of the Notes.
The Original Meeting was inquorate and, accordingly, the Issuer has today given notice of an adjourned meeting of the Noteholders (the Adjourned Meeting) convened by it which will be held at the offices of Allen & Overy LLP, One Bishops Square, London E1 6AD on 21 December 2012 at 11.00 a.m. (London time) for the purpose of considering and, if thought fit, passing the Extraordinary Resolution.
The Issuer also announces that, in relation to the Adjourned Meeting, if the Extraordinary Resolution is duly passed at the Adjourned Meeting, the Issuer will pay to each Noteholder an additional amount equal to 7 per cent. of the nominal amount of the Notes held by such Noteholder (the Success Fee). Where payable, the Issuer will pay the Success Fee in respect of the Notes that are held by each Noteholder no later than the fourth Business Day following the date on which the Extraordinary Resolution is duly passed.
Unless the context otherwise requires, capitalised terms used but not defined in this announcement shall have the meaning given in the Notice.
Noteholders should contact the following for further information:
TABULATION AGENT
Lucid Issuer Services Limited
Leroy House
436 Essex Road
London N1 3QP
United Kingdom
Telephone: +44 20 7704 0880
Attention: David Shilson / Victor Parzyjagla
Email: bbva@lucid-is.com
BBVA
Banco Bilbao Vizcaya Argentaria, S.A.
PºCastellana 81 - Planta 18
28046 Madrid
Spain
Telephone: +34915375027
Attention: Juan Isusi
Email: juan.isusi@bbva.com