BofA Upsizes RigNet Revolver to $100MM

RigNet has successfully amended its senior secured credit facility with its existing bank group led by Bank of America as administrative agent.

February 25, 2020 Bank of America | BBVA | First Horizon National | RigNet nadine

BBVA Leads $61MM Facility for Profluent

Mexico’s Profluent Plastic Technologies closed a three-part syndicated loan for MXN1.14 billion ($61.1 million) from five lenders, led by the sole bookrunner BBVA.

February 12, 2020 BBVA | Profluent | Santander | Scotiabank nadine

Nordea, BBVA, Others Arrange $872MM Revolvers for Metso

Nordea acted as coordinating bookrunner and mandated lead arranger on two revolving credit facilities totaling €800 million ($872 million) for Metso.

October 1, 2019 BBVA | BNP Paribas | Citi | Commerzbank | HSBC | Metso | Nordea | OP Corporate Bank | Scotiabank Designated Activity Company | SEB | Standard Chartered Bank Amanda Koprowski

BBVA Names Verdugo & Moure to Key U.S. Business Development Roles

BBVA has appointed Jesús Verdugo and Manuel Moure to its Business Development team in the U.S. Verdugo will serve as head of Strategy and Portfolio Management, while Moure is the head of Retail Customer Solutions Development.

June 21, 2019 BBVA | Jesus Verdugo | Manuel Moure nadine

Mining Company Orvana Closes $6.84MM Facility with BBVA, Others

Orvana Minerals closed a €6 million (approximately $6.84 million) credit facility through its wholly-owned subsidiary, OroValle Minerals. The facility was provided by BBVA, BANKIA and SABADELL.

February 7, 2019 BANKIA | BBVA | OroValle Minerals | Orvana Minerals | SABADELL Amanda Koprowski

BBVA Compass Names Rodriguez Soler CEO, U.S. Country Manager

BBVA Group named Javier Rodriguez Soler CEO for BBVA Compass and country manager for U.S. operations. Rodriguez Soler will take over the country manager role from Onur Genç, who was previously appointed BBVA Group CEO.

December 21, 2018 BBVA | BBVA Compass | BBVA Group | Javier Rodriguez Soler | Onur Genç Amanda Koprowski

BBVA Closes First Acquisition Term Loan Arranged Through Blockchain

BBVA closed a €150 million ($171 million) acquisition term loan on behalf of Porsche Holding Salzburg, the first loan of its kind arranged through blockchain technology.

December 19, 2018 BBVA | BBVA CIB | Frank Hoefnagels | Porsche | Porsche Holding Salzburg Amanda Koprowski

BBVA Compass Taps Knudson as New Austin CEO

BBVA Compass appointed banking industry veteran Dillan Knudson as its new Austin, TX, CEO. He will succeed Joe Petet, who is retiring at the end of the year.

December 11, 2018 BBVA | BBVA Compass | Dillan Knudson | Jeff Dudderar | Joe Petet Amanda Koprowski

Genç to Succeed Vila as BBVA CEO

The BBVA Board of Directors approved the succession plan for the company’s chief executive officer, designating current CEO of BBVA Compass and U.S. Country Manager, Onur Genç, as successor to Carlos Torres Vila as Group CEO.

November 29, 2018 BBVA | Carlos Torres Vila | Onur Genç Amanda Koprowski

BBVA, MUFG, BNP Complete First Successful Syndicated Loan on Blockchain

The Financial Times reports that BBVA and two partners completed the first successful syndicated loan using blockchain technology.

November 13, 2018 BBVA | blockchain | BNP | MUFG Chelsea Kirtley