18 May 2012 08:05
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
Moody's Investor Service has disclosed on May, 17th 2012 the modification of BBVA´s rating, as follows:
o Bank Financial Strenght Rating (BFSR): C(a3) from B- (a1). Negative outlook
o LT Rating: A3 fromAa3. Negative outlook.
o ST Rating: P-2 from P-1
o Dated subordinated debt rating: Baa1 from A2. Negative outlook
o Preference shares rating: Ba1 from Baa2. Negative outlook
Madrid, May 18, 2012