MADRID, 2 May. (EUROPA PRESS) -

BBVA has launched a three-year senior preferred debt issue with the possibility of early redemption in two years.

The issue has been launched with a starting price of 'midswap' plus 90 basis points and will pay an annual coupon at a fixed rate.

The banks in charge of the placement are BBVA itself, Deutsche Bank, HSBC, Société Générale and UBS.