BBVA U.S. Senior S.A. Unipersonal, a unit of Banco Bilbao Vizcaya Argentaria S.A., is in the market to sell three-year high-grade bonds in benchmark size Wednesday, according to a person familiar with the deal. Benchmark means at least $500 million should be sold.

The bonds, which are expected to score ratings of Aa2 by Moody's Investors Service, AA by Standard & Poor's and AA- by Fitch Ratings, are senior unsecured notes. The sale is expected to wrap up late Wednesday via bookrunners BBVA, Citigroup, Deutsche Bank and Goldman Sachs.

The notes will bear interest at a fixed and/or floating rate. Sizing and price guidance are still to be determined.

-By Katy Burne, Dow Jones Newswires; 212-416-3084; katy.burne@dowjones.com

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