Finance
Finance
BBVA Compass Colorado CEO Andy Wykstra has been named one of the Colorado Bankers Association’s Bankers of Distinction.
Garanti was a top contender at the recent 2019 Turkey Bonds & Loans Awards, where it received 10 awards out of the 13 for which it was nominated. The Bonds & Loans Awards is one of the most prestigious award ceremonies in Turkey that celebrates achievements in structured finance and capital markets.
Susana Valencia led the charge long before she earned the position of head banker in BBVA Compass’ Laredo market.
After placing €750 million of subordinated debt last Thursday, BBVA has returned to wholesale markets with a €1 billion issue of senior non-preferred debt. Demand exceeded the initial offer by three and half times, making it possible to reduce the initial price (mid swap price +130 basis points) by 23 points.
Financial and commercial services
BBVA Compass Food Franchise Finance Director: “We are a national platform.”
BBVA Compass Director of Food Franchise Finance James Short has a team that can be fittingly described as well-seasoned.
BBVA has issued a €750 million 10-year Tier-2 subordinated bond. A high demand of €4.25 billion – with 260 orders – exceeded by more than five times the bond value, making it possible to reduce the mid swap price +245 basis points, 30 basis points below the initial price. The order book closed in only three hours. The issue achieved the lowest 'spread' of a subordinated issue for BBVA since 2007.