Key Developments: BBVA Banco Frances SA (BFR)
4.09USD
23 May 2013
$-0.07 (-1.68%)
$4.16
$4.14
$4.14
$4.06
33,413
55,148
$5.38
$3.05
Latest Key Developments (Source: Significant Developments)
Standard & Poor's Affirms Ratings On BBVA Banco Frances SA After Downgrade Ratings On Its Parent-DJ
Dow Jones reported that Standard & Poor's Ratings Services announced that the issuer credit ratings on BBVA Banco Frances SA (national scale rating raAA/Negative/--) are not affected by the downgrade of their parent, Spain-based Banco Bilbao Vizcaya Argentaria SA Full Article
BBVA Banco Frances SA Announces Issuance of Bonds
BBVA Banco Frances SA announced that it has decided to issue bonds in an amount of ARS 100,000,000, with the possibility to enhance the issuance reaching the total value of ARS 200,000,000. The bonds will have a maturity period of 18 months. Full Article
BBVA Banco Frances SA Sells 3.0047% Stake in BBVA Frances Valores Sociedad de Bolsa SA to BBV America SL
BBVA Banco Frances SA announced that it has reached an agreement to sell a 3.0047% stake in BBVA Frances Valores Sociedad de Bolsa SA, which represents 384 ordinary shares, to BBV America SL at a total value of ARS 500. Full Article
BBVA Banco Frances SA Announces Negotiable Bond Issuance
BBVA Banco Frances SA announced an issuance of negotiable bonds in the amount of USD 250,000,000 under the Global Program of Negotiable Bond Issuance in the total amount of USD 500,000,000. Full Article
BBVA Banco Frances S.A. Completes Transfer Of Shares In Consolidar Compania de Seguros de Retiro SA To Origenes Compania de Seguros de Retiro SA, CMS de Argentina SA And Grupo Dolphin Holding SA
BBVA Banco Frances S.A. announced that on June 10, 2011 it completed transfer of shares, representing 66.21% stake, in Consolidar Compania de Seguros de Retiro SA to Origenes Compania de Seguros de Retiro SA, CMS de Argentina SA and Grupo Dolphin Holding SA. Further details were not disclosed. Full Article
Fitch Affirms Argentina's BBVA Banco Frances's LC IDR at 'B-'; Outlook Negative
(The following statement was released by the rating agency) BUENOS AIRES, March 20 (Fitch) Fitch Ratings has affirmed BBVA Banco Frances' (BBVA Frances) Viability Rating (VR) and Local Currency Long-term Issuer Default Ratings (LC LT IDRs) at 'b-' and 'B-', respectively. The Rating Outlook on the LT IDR is Negative. See the full list of ratings actions at the end of this rating action commentary. KEY RATING DRIVERS BBVA Frances benefits from the vast expertise of its largest shareholder Spai
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