BBVA joins growing Spire repack platform
Spanish bank becomes 19th dealer on multi-bank SPV issuer amid rising investor interest
Multi-dealer repackaged note platform Spire has added BBVA to its panel of banks, marking its first new dealer since RBC Capital Markets joined in April 2023.
The addition brings the total number of dealers to 19 and comes amid rising demand for repack issuance – structured trades that combine a bond with a derivative overlay to customise the risk-and-reward profile for investors.
When Spire first
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