{"id":39345,"date":"2026-01-12T09:50:08","date_gmt":"2026-01-12T08:50:08","guid":{"rendered":"https:\/\/www.alantra.com\/?post_type=ib-transaction&#038;p=39345"},"modified":"2026-03-10T11:12:54","modified_gmt":"2026-03-10T10:12:54","slug":"bbva-loan-portfolio-sell-side-advisory","status":"publish","type":"ib-transaction","link":"https:\/\/www.alantra.com\/es\/ib-transaction\/bbva-loan-portfolio-sell-side-advisory\/","title":{"rendered":"Alantra advises BBVA Portugal on the sale of a secured NPL and REO portfolio"},"content":{"rendered":"\n<p><strong>Lisbon \u2013<\/strong> Alantra acted as financial advisor to BBVA Portugal on the sale of a portfolio of secured non-performing loans (NPLs) and real estate owned (REO) assets.<\/p>\n\n\n\n<p>The portfolio comprised two distinct segments: a secured NPL segment backed predominantly by prime residential properties, and the Seller\u2019s entire REO exposure across Portugal.<\/p>\n\n\n\n<p>Alantra played a pivotal role in designing and executing a competitive sale process, ensuring strong investor engagement and aligning bidder expectations. This mandate also represents BBVA\u2019s first portfolio sale in Portugal and reflects the trust placed in Alantra by long-standing clients, as the firm continues to support the group across multiple geographies.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.alantra.com\/team-member\/joel-grau\/\">Joel Grau<\/a>, Managing Partner, Chairman &amp; CEO of FIG: \u201cThis transaction is a clear demonstration of our end-to-end execution capabilities across secured NPLs and REOs. We are proud to have supported BBVA Portugal in delivering this strategic milestone and look forward to continuing our collaboration across markets.\u201d<\/p>\n\n\n\n<p>This transaction reinforces Alantra\u2019s recent FIG advisory track record, including the sale of <a href=\"https:\/\/www.alantra.com\/ib-transaction\/kkr-sell-side-advisory-finsolutia-pollen-street-capital\/\">Hipoges<\/a> to Finsolutia, backed by Pollen Street Capital; the transfer of a \u20ac450 million SME NPE portfolio by <a href=\"https:\/\/www.alantra.com\/ib-transaction\/alpha-bank-loan-portfolio-sell-side-advisory-waterwheel-capital\/\">Alpha Bank<\/a> to Waterwheel Capital Management; the securitisation and transfer of a \u20ac300 million NPE portfolio by <a href=\"https:\/\/www.alantra.com\/ib-transaction\/piraeus-bank-loan-portfolio-sell-side-advisory-waterwheel-capital\/\">Piraeus Bank<\/a> to an affiliate of Waterwheel Capital Management; and the sale of performing credit exposures by <a href=\"https:\/\/www.alantra.com\/ib-transaction\/banco-santander-totta-sell-side-advisory\/\">Banco Santander Totta<\/a>.<\/p>\n\n\n    <div class=\"button--block \">\n        <div class=\"button--block_box\">\n                                                                <a href=\"https:\/\/www.alantra.com\/what-we-do\/investment-banking\/transactions\/?country=portugal\" class=\"btn\" target=\"\">View Portugal <span class=\"btn__arrow\"><\/span><\/a>\n                                                                                <a href=\"https:\/\/www.alantra.com\/what-we-do\/investment-banking\/transactions\/?sector=FIG\" class=\"btn\" target=\"_blank\">View FIG <span class=\"btn__arrow\"><\/span><\/a>\n                                    <\/div>\n    <\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lisbon \u2013 Alantra acted as financial advisor to BBVA Portugal on the sale of a portfolio of secured non-performing loans (NPLs) and real estate owned (REO) assets. The portfolio comprised two distinct segments: a secured NPL segment backed predominantly by prime residential properties, and the Seller\u2019s entire REO exposure across Portugal. Alantra played a pivotal [&hellip;]<\/p>\n","protected":false},"featured_media":39348,"parent":0,"template":"","meta":{"_acf_changed":false},"country":[28,8],"ib-service":[94,159],"sector":[50],"class_list":["post-39345","ib-transaction","type-ib-transaction","status-publish","has-post-thumbnail","hentry","country-portugal","country-spain","ib-service-ma","ib-service-portfolios","sector-fig"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/ib-transaction\/39345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/ib-transaction"}],"about":[{"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/types\/ib-transaction"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/media\/39348"}],"wp:attachment":[{"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/media?parent=39345"}],"wp:term":[{"taxonomy":"country","embeddable":true,"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/country?post=39345"},{"taxonomy":"ib-service","embeddable":true,"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/ib-service?post=39345"},{"taxonomy":"sector","embeddable":true,"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/sector?post=39345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}