BBVA Bancomer, S.A. - Moody's Global Credit Research

BBVA Bancomer, S.A.

BBVA Bancomer, S.A. - Moody's Global Credit Research
BBVA Bancomer, S.A.
Published Apr 24, 2015
7 pages (3928 words) — Published Apr 24, 2015
Price US$ 150.00  |  Buy this Report Now

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Brief Excerpt:

...Category Moody's Rating Outlook Rating(s) Under Review Bank Deposits -Fgn Curr A3/P-2 Bank Deposits -Dom Curr *A2/*P-1 NSR Bank Deposits -Dom Curr Aaa.mx/MX-1 Baseline Credit Assessment baa1 Adjusted Baseline Credit Assessment baa1 Senior Unsecured -Dom Curr **A2 NSR Senior Unsecured -Dom Curr Aaa.mx Subordinate -Dom Curr Baa2 NSR Subordinate -Dom Curr Aa1.mx Ult Parent: Banco Bilbao Vizcaya Argentaria, S.A. Outlook Rating(s) Under Review Bank Deposits ***Baa2/P-2 Baseline Credit Assessment baa2 Adjusted Baseline Credit Assessment baa2 Issuer Rating ****Baa2 Senior Unsecured MTN -Dom Curr ****(P)Baa2 Subordinate -Dom Curr Baa3 Pref. Stock Non-cumulative -Dom Curr Ba2 (hyb) Other Short Term -Dom Curr (P)P-2 * Rating(s) within this class was/were placed on review on March 6, 2015 ** Placed under review for possible downgrade on March 6, 2015 *** Rating(s) within this class was/were placed on review on March 17, 2015 **** Placed under review for possible upgrade on March 17, 2015...

  
Report Type:

Credit Opinion

Company:
Issuer
BBVA Bancomer, S.A.
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Moody's assigns Aaa.mx to BBVA Bancomer's Certificados Bursátiles Bancarios - Rating Action – 2015/02/27 – US$ 150.00 – ...MOODY'S CREDIT RATINGS AND MOODY'S PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS FOR RETAIL INVESTORS TO CONSIDER MOODY'S CREDIT RATINGS OR MOODY'S PUBLICATIONS IN MAKING ANY INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED,DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. All information contained herein is obtained by MOODY'S from sources believed by it to be accurate and reliable. Because of the possibility of human or mechanical error as well as other factors, however, all information contained herein is provided "AS IS" without...

Moody's asigna calificación de Aaa.mx a los Certificados Bursátiles Bancarios de BBVA Bancomer - Rating Action – 2015/02/27 – US$ 150.00 – ...Mexico, February 27, 2015 -- Moody's de MTxico asign= una calificaci=n de deuda senior de largo plazo en escala global, moneda local de A2 a la emisi=n de los Certificados Bursßtiles Bancarios (CEBURES) de BBVA Bancomer, S.A. Al mismo tiempo, Moody's de MTxico asign= una calificaci=n de deuda senior de largo plazo en Escala Nacional de MTxico de Aaa.mx a estos certificados. La perspectiva de estas calificaciones es estable. La emisi=n de CEBURES de BBVA Bancomer serß por un monto de hasta $5,000 millones de pesos. Estos certificados a tasa variable a 3 a±os representan la octava emisi=n al amparo del Programa de Deuda Senior de Certificados Bursßtiles Bancarios, Certificados de Dep=sito Bancario de Dinero a Plazo y PagarTs con Rendimiento Liquidable al Vencimiento correspondientes a BBVA Bancomer, S.A., establecido por un monto de hasta $60,000 millones de pesos. El programa fue originalmente calificado por Moody's el 1 de febrero de 2011. Las siguientes calificaciones de deuda senior fueron...

Banco Bilbao Vizcaya Argentaria, S.A.: Moody's Rates BBVA's Loss-Absorbing Tier 1 Capital Securities at Ba2 (hyb) - New Issue – 2015/02/11 – US$ 150.00 – ...We have assigned a Ba2 (hyb) rating to the 1.5 billion non-step-up non-cumulative contingent convertible perpetual preferred Tier 1 securities issued by Banco Bilbao Vizcaya Argentaria, S.A. (BBVA, S.A.)....

Moody's Rates BBVA Bancomer's Loss Absorbing Tier 2 Capital Securities at Baa3 (hyb) - New Issue – 2014/12/04 – US$ 150.00 – ...+ We have assigned a Baa3 (hyb) rating to the $200 million cumulative, non-convertible, dated Tier 2 subordinated capital notes issued by BBVA Bancomer, S.A. through its Texas agency, BBVA Bancomer, S.A. Texas Agency. + These US dollar-denominated, dated securities have a maturity of 15 years (non-call 10) and are: (i) subordinated and junior in right of payment and in liquidation to all of BBVA Bancomer's present and future senior indebtedness; (ii) pari passu with all other unsecured subordinated preferred indebtedness; and (iii) senior to subordinated non- preferred indebtedness and to all classes of capital stock. + The capital notes are Basel III-compliant, and the terms and conditions have been defined to qualify the instrument as Tier 2 capital. + The securities' principal is subject to a partial or full write-down on a contractual basis if the bank's Common Equity Tier 1 (CET1) ratio falls below 4.5%, which we view as close to the point of non-viability. + The Baa3 (hyb) rating...

BBVA Bancomer, S.A. - Banking Statistics – 2014/04/10 – US$ 300.00

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Moody's Global Credit Research—Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.

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MLA:
Moody's Global Credit Research. "BBVA Bancomer, S.A." Apr 24, 2015. Alacra Store. May 30, 2015. <http://www.alacrastore.com/moodys-credit-research/BBVA-Bancomer-S-A-COP_600012042>
  
APA:
Moody's Global Credit Research. (). BBVA Bancomer, S.A. Apr 24, 2015. New York, NY: Alacra Store. Retrieved May 30, 2015 from <http://www.alacrastore.com/moodys-credit-research/BBVA-Bancomer-S-A-COP_600012042>
  
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