BBVA leads the ranking of institutions that have acted as bookrunners in syndicated loans arranged in Spain in 2014, according to data from Dealogic and Thomson Reuters.
BBVA has led the ranking of institutions that have acted as bookrunners in syndicated loans arranged in 2014 for Spanish companies, according to data from Dealogic and Thomson Reuters.
According to Dealogic, the bank has achieved a market share of 11.7%, far ahead of its competitors Banco Santander (6.9%), and Nomura and Morgan Stanley (both with 6.2%). In second place in the ranking in 2013 with a market share of 8.8%, BBVA has taken over top position from Banco Santander in 2014.
Thomson Reuters has given BBVA the lead in both market share (11.9%) and in number of deals (35), ahead of Banco Santander, which achieved a market share of 11.4% and 33 deals. Moreover, Thomson Reuters highlights that BBVA is also leader in these types of deals in Latin America, where it has achieved third place in the Arranger and Co-Arranger league tables.
One of the most important deals in which BBVA participated in 2014 is the loan of USD 4.8 billion to Grifols related to the acquisition by the Catalan company of the blood diagnostic unit of Novartis. In Latin America, BBVA arranged a syndicated loan for USD 1.5 billion for the Mexichem industrial group, and led various loans for Petróleos Mexicanos.