<SEC-DOCUMENT>0001193125-16-710835.txt : 20160915
<SEC-HEADER>0001193125-16-710835.hdr.sgml : 20160915
<ACCEPTANCE-DATETIME>20160915144203
ACCESSION NUMBER:		0001193125-16-710835
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20160915
FILED AS OF DATE:		20160915
DATE AS OF CHANGE:		20160915

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
		CENTRAL INDEX KEY:			0000842180
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMERCIAL BANKS, NEC [6029]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10110
		FILM NUMBER:		161886989

	BUSINESS ADDRESS:	
		STREET 1:		PASEO DE LA CASTELLANA, 81
		CITY:			MADRID
		STATE:			U3
		ZIP:			28046
		BUSINESS PHONE:		011 34 91 537 8172

	MAIL ADDRESS:	
		STREET 1:		PASEO DE LA CASTELLANA, 81
		CITY:			MADRID
		STATE:			U3
		ZIP:			28046

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BANCO BILBAO VIZCAYA ARGENTARIA S A
		DATE OF NAME CHANGE:	20000505

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BANCO BILBAO VIZCAYA S A
		DATE OF NAME CHANGE:	19991103
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>d156028d6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 6-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>WASHINGTON, D.C. 20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM 6-K
</B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>REPORT OF FOREIGN ISSUER </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>PURSUANT TO RULE 13a-16 OR 15d-16 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>UNDER THE SECURITIES EXCHANGE ACT OF 1934 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>For the month of September, 2016 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Commission file number: 1-10110 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>BANCO BILBAO
VIZCAYA ARGENTARIA, S.A. </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact name of Registrant as specified in its charter) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>BANK BILBAO VIZCAYA ARGENTARIA, S.A. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Translation of Registrant&#146;s name into English) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Calle Azul 4,
</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>28050 Madrid </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Spain </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Address of
principal executive offices) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Form
20-F&nbsp;&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form 40-F&nbsp;&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Yes&nbsp;&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;
&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7): </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Yes&nbsp;&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;
&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT> </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <DIV STYLE="position:relative;float:left; width:3%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">

<TR>
<TD WIDTH="100%"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">


<IMG SRC="g156028g04o52.jpg" ALT="LOGO">
</TD></TR></TABLE> </DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:93%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="font-size:35pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g156028g50e90.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Banco Bilbao Vizcaya Argentaria, S.A.</B> (BBVA), in compliance with the Securities Market legislation, hereby proceeds
by means of the present document to notify the following: </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>RELEVANT INFORMATION </U></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">BBVA hereby communicates information relating to the capital increase to be charged to voluntary reserves resolved by the Annual General Meeting of BBVA
Shareholders held on 11<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> March 2016, under agenda item three, section 3.2, by which a shareholder remuneration system called &#147;Dividend Option&#148; is to be instrumented. Accompanying this
relevant information notice is an information note related to the referred capital increase. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Madrid, 15<SUP
STYLE="font-size:85%; vertical-align:top">th</SUP> September 2016 </P></DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<DIV STYLE="position:relative;float:left; width:3%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">

<TR>
<TD WIDTH="100%"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">


<IMG SRC="g156028g04o52.jpg" ALT="LOGO">
</TD></TR></TABLE>
</DIV><DIV STYLE="position:relative;float:left; margin-left:2%; width:93%;padding-right:1%;padding-bottom:8pt;overflow:hidden;padding-top:3pt">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>INFORMATION NOTE </U></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The Annual General Meeting of BBVA Shareholders held on 11<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> March 2016 approved, under agenda item
three, section 3.2, a capital increase to be charged to voluntary reserves (the &#147;<B>Capital Increase</B>&#148;) for the instrumentation of the shareholder remuneration system called &#147;Dividend Option&#148;, allowing BBVA shareholders to
elect to receive their remuneration in newly issued BBVA shares or, at their election, in cash. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The execution of the Capital Increase will be proposed to
BBVA&#146;s Board of Directors for its consideration and if approved it is expected to be executed in accordance with the following timetable<SUP STYLE="font-size:85%; vertical-align:top">1</SUP>: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="6">&nbsp;</TD>
<TD WIDTH="20" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">28<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> September 2016: Communication of the number of rights of free allocation necessary to receive one new share and the definitive price at which BBVA will commit to
purchase those rights<SUP STYLE="font-size:85%; vertical-align:top">2</SUP>. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="6">&nbsp;</TD>
<TD WIDTH="20" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">30<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> September 2016 (23:59 Madrid (Spain) time): Last trading date for allocation of rights of free allocation. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="6">&nbsp;</TD>
<TD WIDTH="20" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">3<SUP STYLE="font-size:85%; vertical-align:top">rd</SUP> October 2016: Rights of free allocation trading period begins in Spain. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="6">&nbsp;</TD>
<TD WIDTH="20" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">13<SUP STYLE="font-size:85%; vertical-align:top">th </SUP>October 2016: Deadline for requesting payment in cash (sale of rights of free allocation to BBVA). </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="6">&nbsp;</TD>
<TD WIDTH="20" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">17<SUP STYLE="font-size:85%; vertical-align:top">th </SUP>October 2016: Rights of free allocation trading period ends. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="6">&nbsp;</TD>
<TD WIDTH="20" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">19<SUP STYLE="font-size:85%; vertical-align:top">th </SUP>October 2016: Payment date to shareholders who have requested payment in cash (sale of rights of free allocation to BBVA). </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="6">&nbsp;</TD>
<TD WIDTH="20" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">25<SUP STYLE="font-size:85%; vertical-align:top">th </SUP>October 2016: New shares allocated to shareholders. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="6">&nbsp;</TD>
<TD WIDTH="20" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">26<SUP STYLE="font-size:85%; vertical-align:top">th </SUP>October 2016: Initiation of ordinary trading of the new shares on the Spanish stock exchanges<SUP STYLE="font-size:85%; vertical-align:top">3</SUP>.
</TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Finally, it is estimated that, assuming BBVA&#146;s Board of Directors approves the execution of the Capital Increase, the gross purchase
price at which BBVA will purchase rights of free allocation, in accordance with the formula approved by the Annual General Meeting of BBVA Shareholders, will be around 0.08 euro per right of free allocation. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Madrid, 15<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> September 2016 </P>
<P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="27" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:85%; vertical-align:top">1</SUP>&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">This schedule is tentative and will be subject to the execution of the Capital Increase by BBVA&#146;s Board of Directors and to obtaining all necessary authorisations. Further, the tentative dates indicated may be
modified or may vary on the overseas exchanges where BBVA shares or ADRs are traded. </TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="27" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:85%; vertical-align:top">2</SUP>&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">The reference price of the BBVA shares (RP) used for those purposes will correspond to the arithmetic mean of the average weighted price of BBVA shares traded on the Spanish SIBE electronic trading platform (<I>Mercado
Continuo</I>) over the five (5) trading days prior to the date of such communication, which would correspond to days 21<SUP STYLE="font-size:85%; vertical-align:top">st</SUP>, 22<SUP STYLE="font-size:85%; vertical-align:top">nd</SUP>, 23<SUP
STYLE="font-size:85%; vertical-align:top">rd</SUP>, 26<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> and 27<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> September 2016. </TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="27" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:85%; vertical-align:top">3</SUP>&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Listing will also be requested on the overseas exchanges on which BBVA shares or ADRs are traded.
</TD></TR></TABLE></DIV><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURE </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="47%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="47%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>Banco Bilbao Vizcaya Argentaria, S.A.</B></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Date: September 15, 2016</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">By: /s/ Erik Schotkamp</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Name: Erik Schotkamp</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title: Capital and Funding Management Director</TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g156028g04o52.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g156028g04o52.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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M"?E6_/+N<OLH=CH_#L4<5G*(T"CS,X'T%<.);<E<]'"148-)=2IK7_(0_P"
M"M:'P&6)^,SJW.<W]!_X])/^NG]!7%B/B1WX7X60:JH-YR!]T5='X2*Z]\H[
M%_NC\JVN861LZ. +9\#'S_T%<M;XD=F'^%E75/\ C\_X"*TH_"95_C*5:F)L
M:1_Q[/\ [_\ 05S5MSKH?"RZT,3G+1JQ]2*Q4FMC9Q3W0W[-!_SQ3_OD4^:7
5<.2/8>B)&,(H4>@&*3;>XTDMC__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g156028g50e90.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g156028g50e90.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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MR2/=M.-R=-M?MJJET(U$J@Y ;'/->++EOH=)=I%!0 4 % !0 4 % !0 4 %
=!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % '_]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
