11 Jun 2012 17:04
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 INFORMATION
Fitch Ratings has disclosed on June, 11th 2012 the modification of BBVA´s rating, as follows:
o Long term IDR/ Senior unsecured debt: downgraded to BBB+ from A. Negative Outlook
o Short term IDR/Senior unsecured debt: downgraded to F2 from F1
o Viability Rating: downgraded to bbb+ from a
o SRF: revised to BBB from BBB+
o Subordinated debt rating: downgraded to BBB from A-.
o Preference shares rating: downgraded to BB- from BB+
Madrid, June 11, 2012