- BBVA’s 10-year senior non-preferred green bond drew €2.9 billion in demand, nearly triple the issue size.
- Final pricing was set at mid-swap +108 bps, the lowest spread for a 10-year SNP from a Southern European bank since 2021.
- The issuance strengthens BBVA’s MREL position and marks its fourth debt deal in 2025.
BBVA has successfully issued a €1 billion senior non-preferred green bond maturing in 2035, underscoring strong investor appetite for sustainable instruments. Orders peaked at €2.9 billion, allowing t…
