April 26, 2013 / 7:11 AM / 4 years ago

BBVA plans Additional Tier 1 bond -source

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.

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