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BBVA, Santander, BofA seek to finance $6B Iberdrola deal, Bloomberg says

BBVA (BBVA), Santander (SAN), and Bank of America (BAC) are seeking to finance Mexico’s deal to acquire power plants from Spain’s Iberdrola (IBDRY) for $6B, Bloomberg’s Michael O’Boyle and Amy Stillman report, citing people familiar with the talks. The three banks are among a group that has expressed interest in financing the transaction, the authors say, noting that the talks are in an early stage. Reference Link

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