Radar > 224113

BBVA may plan to sell 14 hotels

BBVA podría haber puesto a la venta 14 hoteles

Intel ID : 224113
Synopsis

Spanish financial institution BBVA may have placed 14 hotels up for sale, spread across Spain, which have been acquired through execution of non-performing loans. This project could be named Proyecto Otelo.

Neither BBVA nor Aguirre Newman, the advisor the bank may have hired, did not want to make any comments.
(content in spanish)

La entidad financiera española BBVA podría haber puesto a la venta un total de 14 hoteles repartidos por la geografía española, cuya propiedad se deriva de la ejecución de créditos fallidos. La operación se denominaría Proyecto Otelo.

Ni BBVA, ni el asesor que habría sido contratado, Aguirre Newman, han querido hacer declaraciones al respecto.

Seller

BBVA
Spain

Advisors

retained

Intel ID 224113
Value ND
Native Currency Euro (EUR)
Financial Data - BBVA
(31 Dec 2019)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.08 Investment Banking & Brokerage Services
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Other

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.