Convertible Bonds

RNS Number : 2120I

Banco Bilbao Vizcaya Argentaria SA

28 June 2013

 

Banco Bilbao Vizcaya Argentaria, S.A. ("BBVA"),in compliance with the Securities Market legislation, hereby communicates the following: 

RELEVANT EVENT

Further to the relevant event filing, 21^st June 2013, BBVA hereby discloses that the Conversion Price for the mandatory total conversion of the subordinated mandatory convertible bonds - December 2011 outstanding issued by BBVA (the "Convertible Bonds") is 6.4420 euro, pursuant to the certificate issued by the Bilbao securities exchange, determining the arithmetic mean of the closing prices of BBVA stock on the SIBE exchange interconnection system over the five days' trading prior to 30^th June 2013.

Likewise, in compliance with section 4.6.3.b).(ii) of the Securities Note, the conversion ratio is 7.761565.

Madrid, 28^th June 2013

 

END

 

 

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