It was announced yesterday that Bank of Ireland has opened a new Leveraged Acquisition Finance office in Madrid.
Located on Calle José Ortega y Gasset, in the Salamanca district of the city, the office will focus on supporting domestic and international private equity sponsors with financing solutions in the region.
The new operation and the Spanish team complements colleagues in Dublin, London, Paris and Frankfurt in addressing the financing needs of private equity clients across Europe. The team will also work on transatlantic transactions in conjunction with US colleagues in Stamford, Connecticut and Chicago. The Madrid office is Bank of Ireland’s seventh Leveraged Acquisition Finance location globally.
Speaking at the Irish Ambassador to Spain's Residence in Madrid, where the new office was launched, Bank of Ireland Group Chief Executive, Francesca McDonagh said, "Madrid is an important strategic location for us and we are pleased to announce our new office and team. We have seen increased activity in the Spanish market in recent years and having a local team on the ground reinforces our support for this market. I have no doubt that our team here will enjoy continued success as we further establish ourselves, support our clients and grow the business."
Source: www.businessworld.ie