Fitch Ratings upgrade
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), in compliance with the Securities Market legislation, hereby communicates the following:
Fitch Ratings (Fitch) has upgraded BBVA's senior preferred debt long term rating to A from A-. In the same rating action, the agency has affirmed BBVA's long and short term Issuer Default Rating at A- with negative outlook and F2, respectively.
Fitch has also taken the following actions over other BBVA's ratings:
● Upgraded senior preferred debt short term rating and commercial paper to F1 from F2.
● Upgraded Derivative Counterparty Rating to A(dcr) from A-(dcr).
● Assigned long-term deposit rating at A.
● Assigned short-term deposit rating at F1.
Madrid, July 4th 2019
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