Report of Foreign Issuer (6-k)
December 27 2018 - 6:46AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
6-K
REPORT OF
FOREIGN ISSUER
PURSUANT TO RULE
13a-16
OR
15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of December, 2018
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 Registrants 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 Form
20-F
or Form
40-F:
Form
20-F ☒ Form
40-F ☐
Indicate by check mark if the registrant is submitting the Form
6-K
in paper as permitted by Regulation
S-T
Rule 101(b)(1):
Yes ☐ No ☒
Indicate by check mark if the registrant is submitting the Form
6-K
in paper as permitted by Regulation
S-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
INSIDE INFORMATION
BBVA has reached an agreement with Voyager Investing UK Limited Partnership, an entity managed by Canada Pension Plan Investment Board (CPPIB) for
the transfer of a portfolio of credit rights which is mainly composed by
non-performing
and in default mortgage credits, with an aggregate outstanding balance amounting to approximately
EUR 1,490 million (the Transaction).
The closing of the Transaction will be completed as soon as the relevant conditions are
fulfilled, which is expected to occur within the second quarter of 2019.
As at the closing of the Transaction, the impact of the Transaction in the
Groups attributable profit, which is currently expected to be EUR 150 million, net of taxes and other adjustments, as well as the impact in the Common Equity Tier 1 (fully loaded), which is expected to be slightly positive, will be
finally determined.
Madrid, December 26, 2018
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: December 27, 2018
|
|
By: /s/ Javier Rodríguez Soler
|
|
|
Name: Javier Rodríguez Soler
|
|
|
Title: Global Head of Strategy & M&A
|
Banco Bilbao Vizcaya Arg... (PK) (USOTC:BBVXF)
Historical Stock Chart
From Jun 2024 to Jul 2024
Banco Bilbao Vizcaya Arg... (PK) (USOTC:BBVXF)
Historical Stock Chart
From Jul 2023 to Jul 2024