May 3, 2019 |
Spanish bank BBVA is looking to arrange more syndicated loans for state governments in Mexico, following a billion-dollar deal in Chihuahua last year, Jorge González Jacob, global head of corporate loans at BBVA, told LatinFinance.
The bank's local subsidiary, BBVA Bancomer, led a 19-year, MXN20.2bn ($1.06bn) syndicated loan for the Chihuahua state government in April 2018 and brought five other lenders — BanBajío, Banorte, Interacciones, Multiva and Santander — to the transaction.
"We are tryin
Spanish bank wants to replicate last year's $1bn deal with Chihuahua in other states