UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE13a-16 OR15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of June, 2020
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 Registrant’s 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 Form20-F or Form40-F:
Form20-F ☒ Form40-F ☐
Indicate by check mark if the registrant is submitting the Form6-K in paper as permitted by RegulationS-T Rule 101(b)(1):
Yes ☐ No ☒
Indicate by check mark if the registrant is submitting the Form6-K in paper as permitted by RegulationS-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:
RELEVANT INFORMATION
Fitch Ratings (Fitch) has announced the modification ofBBVA´s senior preferred debt long term rating to A- with stable outlook from A with Rating Watch Negative.This rating change has been driven by the modification of BBVA’s long term Issuer Default Rating to BBB+ with stable outlook fromA- with Rating Watch Negative.
Additionally, Fitch has also modified the ratings of the following BBVA products:
| • | Long term senior non preferred debt: BBB+ fromA-. |
| • | AT1 debt: BB from BB+. |
| • | Subordinated debt lower Tier 2:BBB- from BBB; and subordinated debt upper Tier 2: BB+ fromBBB-. |
| • | Long term deposits rating: A- from A; and short term deposits rating: F2 from F1. |
| • | Legacy preferred debt:BB- from BB. |
| • | Short term senior preferred debt: F2 from F1. |
| • | Derivative counterparty rating:A-(dcr) from A (dcr) . |
Madrid, June 22nd 2020
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.
| Banco Bilbao Vizcaya Argentaria, S.A. | ||||||
| Date: June 22, 2020 | By: | /s/ Gloria Couceiro Justo | ||||
| Name: Gloria Couceiro Justo | ||||||
| Title: Investor Relations Manager | ||||||