BBVA completes ‘dual aim’ with $1bn AT1
GLOBALCAPITAL INTERNATIONAL LIMITED, a company
incorporated in England and Wales (company number 15236213),
having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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BBVA completes ‘dual aim’ with $1bn AT1

Madrid, Spain - March 7, 2020: View of the skyline of Madrid with Las Tablas residential district, BBVA office building and Cuatro Torres financial di

◆ Spanish bank obtains regional investor diversification and fresh capital ◆ Deal highlights subordinated funding is cheaper in dollars than euros ◆ Other banks should be encouraged to issue in dollars

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