Davis Polk advises BBVA on $1bn securities offering

A Madrid-based Davis Polk team advised BBVA on Its $1 Billion SEC-registered preferred securities offering.

The offering consisted of $1 billion of series 9 non-step-up non-cumulative contingent convertible perpetual preferred tier 1 securities.

The securities will be listed on the Global Exchange Market of Euronext Dublin.

The Madrid-based Davis Polk team consisted of partner Michael J. Willisch (pictured), counsel Ester del Valle Izquierdo and associates Thomas K. Wiesner II and Francisco J. Cespedosa.

Davis Polk advises BBVA on $1bn securities offering

Juan fernandez

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