Tuesday, April 30, 2013

Reuters: Bankruptcy News: BBVA fixes size of Additional Tier 1 bond

Reuters: Bankruptcy News
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BBVA fixes size of Additional Tier 1 bond
Apr 30th 2013, 13:00

By Aimee Donnellan

Tue Apr 30, 2013 9:00am EDT

LONDON, April 30 (IFR) - Spain's second largest bank has fixed the size of its Additional Tier 1 bond at USD1.5bn, having received over USD9.25bn of interest from investors, according to a lead manager.

The bond will pay a coupon of 9% and will be launched and priced later on Tuesday. (Reporting by Aimee Donnellan, editing by Julian Baker)

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