United States

BBVA Banco Frances SA (BFR)

BFR on New York Consolidated

22 Jan 2018
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$-0.12 (-0.47%)
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Latest Key Developments (Source: Significant Developments)

BBVA Banco Frances offers up to 82.6 mln ordinary shares
Friday, 30 Jun 2017 05:29pm EDT 

June 30 (Reuters) - BBVA Banco Frances Sa ::Files to say it is offering up to 82.6 million ordinary shares, which may be represented by American depositary shares.BBVA Banco Frances says offering of shares consists of an international offering in the U.S. and other countries outside Argentina and a concurrent offering in Argentina.  Full Article

Fitch Upgrades BBVA Banco Frances's Local Currency IDR to 'B+'; Outlook Stable

(The following statement was released by the rating agency) NEW YORK, October 17 (Fitch) Fitch Ratings has upgraded BBVA Banco Frances, S.A.'s (BBVA Frances) Local Currency Long-term Issuer Default Rating (IDR) to 'B+' from 'B' and its Support Rating to '4' from '5'. The Rating Outlook is Stable. Fitch has also affirmed the bank's standalone Viability Rating (VR) at 'b'. The upgrades are based on Fitch's opinion that BBVA Frances' shareholder support has improved. KEY RATING DRIVERS IDRS AND SUP