Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
January 22 2021 - 3:18PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF
FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of January, 2021
Commission file number: 1-10110
BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
(Exact name of Registrant as specified in its charter)
BANK BILBAO VIZCAYA ARGENTARIA, S.A.
(Translation of Registrants name into English)
Calle Azul 4,
28050 Madrid
Spain
(Address of
principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form
20-F or Form 40-F:
Form
20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes ☐ No ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes ☐ No ☒
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), in compliance with the Securities Market legislation, hereby
communicates the following:
INSIDE INFORMATION
Further to the Relevant Event published on August 7, 2019, with registration number at the Spanish CNMV 281163, BBVA informs that, as of today, after
obtaining all required authorizations, BBVA has completed the sale to Banco GNB Paraguay, S.A., an affiliate of Grupo Gilinski, of its direct and indirect shareholding stake of 100% share capital in Banco Bilbao Vizcaya Argentaria Paraguay,
S.A. (BBVA Paraguay).
The consideration received by BBVA, as a consequence of the referred sale, amounts to approximately
250 million USD. The transaction results in a capital loss of approximately 9 million euros1 net of taxes and in a positive impact on BBVA Groups Common Equity Tier 1 (fully
loaded) of approximately 6 basis points2. These impacts will be recorded in BBVA Group´s first quarter financial statements for FY 2021.
Madrid, January 22, 2021
1
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EUR/USD exchange rate for the impact on the financial results of 1.185.
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2
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The determination of the impact on Common Equity Tier 1 was made taking into consideration the groups
financial statements as of september 2020 and a EUR/Guaraní exchange rate of 8,442.534.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
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Banco Bilbao Vizcaya Argentaria, S.A.
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Date: January 22, 2021
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By:
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/s/ Victoria del Castillo Marchese
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Name: Victoria del Castillo Marchese
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Title: Global Head of Strategy & M&A
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