BBVA's investment banking widely recognized by EuromoneyJuly 11, 2014
BBVA has been distinguished as the Best Debt House and Best M&A House in Spain, while BBVA Bancomer has been named Best Investment Bank in Mexico by the Euromoney 2014 Awards for Excellence.
The winners of these prestigious awards of the financial industry were announced at a gala ceremony held yesterday in London.
BBVA was once again named Best Debt House in Spain thanks to its outstanding activity in the debt markets, where it is a benchmark that has acted as Global Coordinator in operations such as the placement of Almirall's inaugural bond issue with the lowest coupon in history (4.625%) by a high-yield entity, or the placement of subordinated hybrid debt for Telefónica. In the public sector, its undisputed leadership has been consolidated with issues such as ADIF's, whose opening bonds had great acceptance among investors.
The Best M&A House in Spain award reinforces its benchmark position in mergers and acquisitions, where BBVA is the leading advisor both in operations with IBEX-35 companies and with medium-sized companies and venture capital funds.
BBVA Bancomer's award for Best Investment Bank in Mexico recognizes the bank's work in this country, where it stands out in all investment banking activities: Equity Capital Markets, Debt Capital Markets, M&A, Project Finance, Global Markets and Cash Management. BBVA Bancomer's highlights over the last twelve months include the placement of 55% of the 1,160 million dollars that were issued on the equity capital market. BBVA Bancomer was also responsible for the placement of 20.4% of the 3,123 million dollars issued in debt.
These awards are in addition to those obtained by the BBVA Group as Best Transformation Bank worldwide, as well as Best Bank in Latin America, Peru and Venezuela.