Spanish Troubled-Asset Plan May Backfire

The proposal by Mariano Rajoy, Spain’s new prime minister, to rid the nation’s banking system of some EUR176 billion ($228 billion) of troubled real estate assets may backfire, say analysts, as it relies on healthy banks, rather than the government, to pick up the tab.

  • 25 Jan 2012

The proposal by Mariano Rajoy, Spain’s new prime minister, to rid the nation’s banking system of some EUR176 billion ($228 billion) of troubled real estate assets may backfire, say analysts, as it relies on healthy banks, rather than the government, to pick up the tab.

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Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 4,628 18 11.81
2 Citi 4,288 14 10.95
3 Rabobank 2,633 4 6.72
4 Goldman Sachs 2,615 4 6.67
5 Barclays 2,603 8 6.64

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  • Last updated
  • 18 Jul 2017
1 Bank of America Merrill Lynch 57,210.26 177 12.39%
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