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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 6/25/20 Banco BBVA Argentina S.A. 6-K 6/25/20 1:18K Donnelley … Solutions/FA |
Document/Exhibit Description Pages Size 1: 6-K Report by a Foreign Issuer HTML 12K
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" | Risk Rating of the Negotiable Obligations Global Program and Institutional Short and Long Term Ratings Rating |
Form 6-K |
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934
For the month of June 2020
Commission File Number: 001-12568
BBVA Argentina Bank S.A.
(Translation of registrant’s name into English)
111 Córdoba Av, C1054AAA
Buenos Aires, Argentina
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F X Form 40-F
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):
Yes No X
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):
Yes No X
Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
Yes No X
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with
Rule 12g3-2(b): N/A
BBVA Argentina Bank S.A.
Item
MATERIAL EVENT
Buenos Aires, June 25th 2020
Securities and Exchange Commission
Re: RELEVANT EVENT – RISK RATING OF THE NEGOTIABLE OBLIGATIONS GLOBAL PROGRAM AND INSTITUTIONAL SHORT AND LONG TERM RATINGS RATING.
In accordance with the legislation currently in force, we hereby inform you that S & P Global Rating, decided to modify the rating of the Negotiable Obligations Global Program of the entity up to a total outstanding amount of USD 1500 million with due date on July 15th, 2023, raBBB+ to raBBB-, with a negative outlook and the Short Term Institutional Rating from raA-2 to raA-3. Moreover, it modified the Long Term Institutional Rating from raBBB+ to raBBB- with a negative outlook .This is due to the review of the transfer and convertibility risk assessment (T&C) for the Argentine Republic and the modification of its impact on the Company’s credit quality at individual level and in comparison with other Argentine issuers.
This rating was carried out on a national basis.
Sincerely yours.
Banco BBVA Argentina S.A.
Av. Córdoba 111, piso 31 (C1054AAA) Ciudad Autónoma de Buenos Aires, Argentina
IGJ 17-10-19 N° 21.332 L.97 T SA (T.O)
SIGNATURES
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.
BBVA Argentina Bank S.A. | ||||||
Date: June 25th, 2020 | By: | /s/ Ernesto Gallardo | ||||
Name: | Ernesto Gallardo | |||||
Title: | Chief Financial Officer |