Banco Bilbao Vizcaya Argentaria SA DBRS has assigned BBVA an Issuer Rating (8795Y)
March 08 2017 - 6:36AM
UK Regulatory
TIDMBVA
RNS Number : 8795Y
Banco Bilbao Vizcaya Argentaria SA
08 March 2017
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), in compliance with
the Securities Market legislation, hereby communicates the
following:
RELEVANT INFORMATION
On March 7, 2017 DBRS Ratings Limited and DBRS Inc (collectively
DBRS) have assigned BBVA a new rating, called Issuer Rating, of A
with stable trend.
This action follows DBRS' decision to assign an Issuer Rating to
several European entities where they had not been assigned
previously.
The Issuer Rating is assigned based on a bank's fundamentals
that are reflected in its Intrinsic Assessment and are typically at
the same level as the Senior Debt Rating of the bank and also carry
the same trend.
Therefore, after this action, the former BBVA's Issuer &
Senior Debt Rating (A, stable trend) has been broken down into two
individual ratings:
-- BBVA Issuer Rating (A, stable trend).
-- BBVA Senior Debt Rating (A, stable trend).
Madrid, March 8, 2017
This information is provided by RNS
The company news service from the London Stock Exchange
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March 08, 2017 06:36 ET (11:36 GMT)
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