November 1, 2013
Mexico’s economy may not have lived up to the hype when Enrique Peña Nieto took office a year ago. But its capital markets so far have beaten expectations.
A steady run of mergers, acquisitions, bond sales and equity issues have kept investment banks busy. Among them, BBVA Bancomer has stood out as the bank that has demonstrated the most impressive performance across all areas of capital markets for Mexican clients.
In equity markets, its resumé is impressive, including the country’s largest-ever IPO — Santander Mexico’s $4.1 billion deal in September 2012 — and Infraestructura Energética Nova (IENova)’s well-bid 7.4 billion peso transaction in March.
It has worked on a number of innov
BBVA Bancomer is playing a prominent part in Mexico’s booming primary capital markets