Banco Bilbao Vizcaya Argentaria S.A.

Capital/Financing Update • Apr 9, 2018

National Storage Mechanism | Additional information

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RNS Number : 1864K

Banco Bilbao Vizcaya Argentaria SA

06 April 2018

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), in compliance with the Securities Market legislation, hereby communicates the following:

RELEVANT INFORMATION

Today April 6, 2018, Standard & Poor's Ratings Services (S&P) has upgraded BBVA's long-term rating ("Issuer Credit Rating - ICR") to A- from BBB+. The outlook has changed to stable from positive.

S&P has also taken the following actions over other BBVA's ratings:

●    Upgraded BBVA's senior non preferred debt rating to BBB+ from BBB.

●    Upgraded BBVA's subordinated debt rating to BBB from BBB-.

●    Upgraded BBVA's preferred stock rating to BB from BB-.

●    Affirmed BBVA's short-term rating at A-2.

Madrid, April 6, 2018

This information is provided by RNS

The company news service from the London Stock Exchange

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