BBVA Issues €2 Billion in Senior Non-Preferred Debt

Reuters
2026.01.13 08:24
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BBVA has successfully issued €2 billion in senior non-preferred debt, marking its largest euro-denominated bond issue in 20 years. The offering included a €750 million tranche maturing in three years, priced at 3-month Euribor plus 55 basis points, and a €1.25 billion tranche maturing in 10 years, priced at mid-swap plus 100 basis points. The issuance was oversubscribed by more than three times.