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BANCO BILBAO VIZCAYA ARGENTARIA, S.A. (BBVA) Form 424B5 — Nov 4, 2026

$BBVAForm 424B5Filed Nov 4, 2026, 8:31 AM ET0001104659-26-122402Original filing

BBVA filed a preliminary prospectus supplement dated November 4, 2026 for an offering of senior non-preferred notes in three series: fixed rate notes due 2029, fixed rate notes due 2036, and floating rate notes due 2029 referencing Compounded SOFR. All pricing terms — principal amounts, coupons, spreads, and proceeds — are left blank in this preliminary version, with one, two, or all three series potentially issued. Proceeds are intended for general corporate purposes, and the notes are designed to qualify as eligible liabilities (MREL) under Spanish banking regulation, with BBVA intending to list them on the NYSE.

Key figures

Min denomination usd
200000
Total assets eur millions
986191
Cleanup call threshold pct
75
Secured pct of indebtedness
13.93
Net profit 9m 2025 eur millions
7978
Net profit 9m 2026 eur millions
9066
Spanish withholding tax rate pct
19
Total assets dec 2025 eur millions
859576
Issuer outstanding indebtedness eur millions
71784

AI analysis

Red flags5 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.