BBVA's Corporate & Investment Banking division has topped the league table of entities acting as Mandated Lead Arranger (MLA) in syndicated loan transactions in Spain to December 2013, according to Dealogic, an specialist investment banking platform.

With a market share of 11.1%, BBVA has consolidated the leading position awarded by Dealogic in previous editions.

BBVA has acted as MLA and Coordinator in various transactions this year, including Iberdrola's €2 billion debt refinancing facility, the most significant refinancing deal involving an Investment Grade firm in the Spanish market this year.

According to Dealogic, at 12 December syndicated loans in Spain totaled €54.7 billion.