The Spanish Securities Exchange, BME (Bolsas y Mercados Españoles), has successfully completed its IPO. BME’s €780m IPO is the largest listing in the Spanish market since 2004. The transaction was 5.2 times oversubscribed, with high quality of demand from international investors. BNP Paribas Corporate Finance was International Bookrunner of the transaction.
BME’s is the largest ever IPO of a European company (outside France) bookrun by BNP Paribas.