BBVA has announced an irrevocable decision to exercise the early redemption of its GBP 300 million issue of Subordinated Notes (ISIN: XS2206805769), which serves as Tier 2 capital. The redemption will occur on 15 July 2026, with an redemption amount per note of GBP 100,000 plus accrued and unpaid interest of GBP 3,104 per note. BBVA is a global banking and financial services company.