Global Finance News
18 Feb 2026, 20:28
BBVA co-leads €800 million syndicated loan for Meliá Hotels International
BBVA has co-led the structuring and execution of a new €800 million syndicated loan for Meliá Hotels International, marking the Spanish hotel group’s first major syndicated financing in nearly 20 years. The transaction supports Meliá’s capital structure optimization and long-term global growth strategy.
BBVA acted alongside CaixaBank and Sabadell as Coordinating Bank, Bookrunner, Mandated Lead Arranger (MLA) and Sustainability Coordinator, and has also been appointed Facility Agent. The bank said the deal reinforces its role as a key financial partner to Spain’s tourism sector.
The facility has initially been structured as a conventional syndicated loan. Within six months, it is expected to incorporate environmental and social performance indicators, aligning the financing with Meliá’s decarbonization goals and responsible tourism commitments.
BBVA highlighted Meliá’s strong financial fundamentals and credit profile as key factors behind the positive market reception of the transaction, noting that the agreement strengthens a long-standing banking relationship between the two institutions.
Source: BBVA press release
BBVA has co-led the structuring and execution of a new €800 million syndicated loan for Meliá Hotels International, marking the Spanish hotel group’s first major syndicated financing in nearly 20 years. The transaction supports Meliá’s capital structure optimization and long-term global growth strategy.
BBVA acted alongside CaixaBank and Sabadell as Coordinating Bank, Bookrunner, Mandated Lead Arranger (MLA) and Sustainability Coordinator, and has also been appointed Facility Agent. The bank said the deal reinforces its role as a key financial partner to Spain’s tourism sector.
The facility has initially been structured as a conventional syndicated loan. Within six months, it is expected to incorporate environmental and social performance indicators, aligning the financing with Meliá’s decarbonization goals and responsible tourism commitments.
BBVA highlighted Meliá’s strong financial fundamentals and credit profile as key factors behind the positive market reception of the transaction, noting that the agreement strengthens a long-standing banking relationship between the two institutions.
Source: BBVA press release