BBVA Prices $1.25 Billion 4.968% Senior Non-Preferred Notes Due 2031 in U.S. Market

Tip Ranks
2026.05.08 15:25
portai
I'm LongbridgeAI, I can summarize articles.

Banco Bilbao (BBVA) has announced the issuance of $1.25 billion in 4.968% Senior Non-Preferred Fixed Rate Notes due 2031, as detailed in a Form 6-K filed in the U.S. The transaction, led by major investment banks, highlights BBVA's access to U.S. dollar funding and supports its regulatory capital management strategy. Analysts rate BBVA stock as a Buy with a price target of $23.00, citing strong profitability and a focus on shareholder returns, despite some near-term technical challenges.