Bordalas' current deal expires at the end of the season, sparking talk that he could be on the move next year.
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But before defeat to Barcelona last night, Torres said: "He arrived late to the Primera Division.
"For us, he's a lifeline, a man who gives his all and prepares for matches like no one else.
"I'm going to renew it any day now."
On handing Allan Nyom, 37, a new contract, Torres explained: "Now that Liso is leaving for the national team and the African Cup of Nations…
"He didn't have a team, I spoke with the people around him and we decided to give him a year because he deserves it. He's a great fit, he has experience, and he can help us,