30 Nov 2011 07:50
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