SUBSTITUTION OF BCL INTERNATIONAL FINANCE LIMITED WITH BBVA GLOBAL FINANCE LTD.
On 23 March 2010 (the "Effective Date") the following liabilities of BCL International Finance Limited became liabilities of BBVA Global Finance Ltd. Accordingly, BBVA Global Finance Ltd. is now the issuer of these securities:
(a) an issue of €21,000,000 Senior Multi-Call Notes due 2039 issued on 29 September 1999 (ISIN: XS0101928892) under its euro medium term note programme; and
(b) an issue of €1,500,000 Floating Rate Notes due 2015 issued on 30 June 2000 (ISIN: XS0112825806) under its euro medium term note programme.
Each of the above liabilities will continue to benefit from the guarantee of Banco Bilbao Vizcaya Argentaria, S.A.
Copies of the deed poll and legal opinions required to give effect to each substitution are obtainable from Citibank, N.A. by holders of the above liabilities.
For further information, please contact:
BBVA GLOBAL FINANCE LTD.
Paseo de la Castellana, 81 planta 18
28046 Madrid
Spain