Ritch Mueller represented BBVA Securities, Goldman Sachs, HSBC Securities and JP Morgan Securities, as dealers in connection with the issuance of USD$750 million aggregate principal amount of its 5.875% Fixed Reset Subordinated Preferred Tier 2 Capital Notes due 2034 which are part of a USD$10,000 million medium term note program of BBVA Bancomer. We also represented the dealer managers, in BBVA’s offer to purchase its 2021, 6.500% Fixed Rate Subordinated Preferred Notes.