30th Nov 2011 07:50
RNS Number : 0351T
Banco Bilbao Vizcaya Argentaria SA
30 November 2011
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), pursuant to the provisions of the Spanish Securities Market Act, hereby proceeds by means of the present document to notify the following:
RELEVANT EVENT
Standard & Poor's has disclosed on November 29th 2011 the modification of BBVA´s rating, as follows:
- Issuer rating (senior unsecured and bank deposits): A+ from AA-. Outlook negative
- Short term rating: A-1 from A-1+
- Dated Subordinated debt: A- from A+
- Tier 1 hybrid notes: BBB from BBB+
Madrid, November 30, 2011
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