BBVA plans Additional Tier 1 bond -source

Fri Apr 26, 2013 3:07am EDT

LONDON, April 26 (IFR) - BBVA has hired BBVA, Bank of America Merrill Lynch, Goldman Sachs and UBS as joint bookrunners for a perpetual Additional Tier 1 security, a source familiar with the matter said on Friday.

The transaction is expected to launch in the near future, subject to market conditions, following a roadshow in Asia and Europe that will start on Monday April 29.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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