A&O Shearman fields a robust banking and finance practice, recognised for its work on high-value and high-profile mandates for a broad range of international and domestic commercial banks, as well as private equity firms and multinational corporations. The team has extensive experience across a wide spectrum of matters, including project, acquisition, real estate financing, as well as debt restructuring. Practice head Ignacio Ruiz-Cámara specialises in leveraged finance, infrastructure financing and restructurings, while Jimena Urretavizcaya is a recognised authority on real estate and project finance transactions. Juan Hormaechea excels in debt restructuring and structured finance deals, while English law-qualified Charles Poole-Warren is a go-to adviser for a wide range of financial institutions, funds and corporates. Vanessa Cuellas continues to advise clients in the infrastructure and energy sectors, and Sara Sanz regularly works on syndicated financings.
Banking and finance in Spain
A&O Shearman
Responsables de la pratique:
Ignacio Ruiz-Cámara
Autres avocats clés:
Jimena Urretavizcaya; Juan Hormaechea; Charles Poole-Warren; Thomas Wilkinson; Vanessa Cuellas; Sara Sanz; Borja Contreras
Les références
‘The firm’s level of specialisation, responsiveness, and collaborative culture with in-house legal teams are key differentiators.’
‘It is a pleasure to work with both Juan Hormaechea and Jimena Urretavizcaya; they have a great proactive and strategic approach and are committed to quality, speed, and clarity in communication.’
‘The banking and finance department is exceptional. Ignacio Ruiz-Cámara directs and coordinates the department’s services with extreme efficiency, transparency, professional rigour, and excellent interpersonal and communication skills.’
Principaux clients
Banco Santander
Morgan Stanley
Macquarie Capital
BBVA
CaixaBank
Apollo
Sacyr
Iberdrola
CVC
Tilden Park
Deutsche Bank
Banco Sabadell
Principaux dossiers
- Advised Iberdrola on the green financing for its East Anglia Three offshore wind farm for €4.1bn with 24 banks.
- Advised the syndicate of lenders on the financing for €2.277bn provided to Inocsa for the takeover bid to Grupo Catalana Occidente.
- Advised Deutsche Bank, ING and UniCredit as bookrunners and underwriters in connection with the debt financing for the €5bn acquisition of Vodafone Holdings Europe, S.L.U. by Zegona Communications plc.
Clifford Chance
With capabilities spanning leveraged finance, real estate finance and debt restructuring mandates, Clifford Chance brings together a cross-disciplinary team of lawyers well equipped to handle the full spectrum of banking and finance matters. The group is led by Eduardo García, who regularly advises on both real estate and project finance, while José Guardo focuses on domestic and cross-border infrastructure and energy transactions. Rodrigo Uría has extensive experience advising on syndicated loans and structured finance, while Epifanio Pérez is active in debt restructuring matters. Eugenio Fernández-Rico acts for a roster of financers, sponsors and borrowers, while María Sabau and Felipe Font routinely advise clients on refinancing matters.
Responsables de la pratique:
Eduardo García
Autres avocats clés:
José Guardo; Rodrigo Uría; Epifanio Pérez; Eugenio Fernández-Rico; María Sabau; Felipe Font; James Rodier
Principaux clients
National Westminster Bank
CaixaBank
BBVA
BNP Paribas
EQT Infrastructure VI Investments
Acciona
Banco Santander
Prosegur
Matrix Renewables
Grenergy
Banco Sabadell
KfW IPEX-Bank
Principaux dossiers
- Advised a syndicate of c. 30 lenders led by Natwest as agent on the refinancing of Telefónica’s €5.5bn syndicated revolving facility.
- Advised Cellnex on refinancing its main syndicated credit facility, increasing it to a total amount of €2.8bn.
- Advised a syndicate of c. 49 lenders on the refinancing granted to ACS, for the refinancing of its bank debt amounting to €2.1bn.
Cuatrecasas
Cuatrecasas is well equipped to handle a broad range of banking and finance mandates, including refinancings, acquisition finance and syndicated loans, and maintains a strong flow of work for high-profile investment banks, private equity funds and multinational corporations. The team is led by Íñigo Rubio, who regularly advises on the financing of infrastructure and real estate projects, alongside Beatriz Causapé, who has built considerable experience advising on secondary loan trading markets. Fernando Bernad remains a go-to adviser in the energy and infrastructure space, while Héctor Bros is regularly sought out by leading international banks and funds, and Íñigo de Luisa continues to assist clients with refinancing matters.
Responsables de la pratique:
Íñigo Rubio; Beatriz Causapé
Autres avocats clés:
Fernando Bernad; Héctor Bros; Íñigo de Luisa; Cristóbal Cotta; Manuel Follía; Laura Torrecilla
Principaux clients
Banco Santander
Caixabank
KKR
Insolve Global Credit (Balbec Capital)
Banco Sabadell
Aareal Bank
European Investment Bank
Azora
J.P. Morgan
El Corte Inglés
Barclays Bank
King Street
Blackrock Investment Management
Zolva
Stoneweg
Oaktree Capital Management
Citibank
Principaux dossiers
- Advised INOCSA on long-term syndicated financing granted by CaixaBank and the issuance of the guarantee to the CNMV.
- Advising on financing the takeover bid offer to acquire Applus Services, launched by TDR Capital and I Squared Capital Advisors.
- Advising on the refinancing of the corporate debt of the Port Aventura Group.
Garrigues
Praised for ensuring that ‘complex financings are completed smoothly and efficiently’, the banking and finance team at Garrigues has broad experience across refinancings, distressed debt and leveraged finance matters. Leadership is shared between Gaspar Atienza, recognised for his expertise in corporate finance, infrastructure and real estate specialist José Miguel Pinillos Lorenzana, and Marcos Botella, sought after for his work in structured finance and restructuring. Xabier Urtiaga is lauded for his ‘sharp technical command of banking and finance structures’, while Gonzalo Rivera advises a wide range of financial institutions, private equity funds and listed companies on all types of financing and refinancing transactions. Clemente Mateo stands out at the associate level for his involvement in syndicated corporate financings and LBOs.
Responsables de la pratique:
Gaspar Atienza; José Miguel Pinillos Lorenzana; Marcos Botella
Autres avocats clés:
Xabier Urtiaga; Gonzalo Rivera; Clemente Mateo
Les références
‘The team’s communication skills are excellent, and they are exceptionally adept at aligning the interests of all parties. They are focused on reaching agreements between all parties, discerning what is essential from what is secondary.’
‘José Miguel Pinillos’ conciliatory personality and team management skills make him stand out remarkably.’
‘Garrigues is uniquely pro-deal in mindset, the team consistently stands out for working side-by-side with clients to structure innovative solutions that make transactions happen. Rather than focusing on obstacles, Garrigues’ lawyers are known for their creativity and willingness to think outside the box, ensuring that complex financings are completed smoothly and efficiently.’
Principaux clients
Itínere Infraestructuras
COFIDES
Banco de Sabadell
J.P. Morgan
MUFG Bank
Enso Group
Satlink
Goldman Sachs
Banco Santander
European Investment Bank
AMTRUST
Blackstone Group
Principaux dossiers
- Advised Amtrust International, as first priority creditor and first priority security provider, in relation to the refinancing and recapitalisation of Codere group reducing its corporate debt by €1.2bn to €128m and adding €60m of newly raised financing.
- Advised Goldman Sachs Bank USA and a syndicate of lenders and issuing banks on an incremental facility in an aggregate principal amount of $595m for the 2024 incremental dollar term loan; and €300m for the 2024 incremental Euro term loan under an amendment agreement to the credit agreement and a guaranty reaffirmation agreement both subject to New York State law.
- Advised Itínere Infraestructuras, S.A. on a financing transaction amounting to €845,300,00 in the context of the refinancing of the syndicated financings of Itínere Infraestructuras, S.A. and Enaitinere, S.A.U.
Linklaters
Noted for its ‘in-depth technical knowledge combined with a keen understanding of the commercial implications of the matters being negotiated’, Linklaters is highly experienced across all banking and finance mandates, including syndicated loans, project finance, and LBOs. The practice is led by a group comprising Juan Barona, who focuses on leveraged finance, acquisition finance, and debt restructuring; Ben Crosse, who maintains a strong practice advising investment banks and multinational corporates; and real estate and project finance specialist Francisco Sáinz-Trápaga. Begoña Martínez, Paloma Fierro, Bárbara González, and Javier Hernandez complete the leadership group, collectively handling a diverse workload of domestic and cross-border financing transactions.
Responsables de la pratique:
Juan Barona; Ben Crosse; Francisco Sainz-Trápaga; Begoña Martínez; Paloma Fierro; Bárbara González; Javier Hernández
Les références
‘The Linklaters team provides excellent service based on in-depth technical knowledge combined with a keen understanding of the commercial implications of the matters being negotiated. Furthermore, their response times are quick, and their handling of queries is efficient.’
‘Technical knowledge, speed of response, and ability to understand business implications’
‘Highly experienced team in English Law.’
Principaux dossiers
Uría Menéndez
Uría Menéndez offers a strong banking and finance practice, equipped to handle a wide range of mandates for both domestic and international lenders and borrowers. The multidisciplinary team is well positioned to advise on project finance, syndicated loans, and sustainable financing, among other mandates. The group is led by Ángel Pérez López, whose work spans corporate, acquisition, and project finance, while restructuring forms a core part of Carlos de Cárdenas Smith‘s practice. Sebastián Sáenz de Santa María specialises in LBOs and refinancings, while Luis Jiménez excels in debt restructuring and corporate lending, and José Félix Zaldívar focuses on corporate, acquisition and project finance with an emphasis on the energy, infrastructure and real estate segments.
Responsables de la pratique:
Ángel Pérez López
Autres avocats clés:
Carlos de Cárdenas Smith; Sebastián Sáenz de Santa María; Eduardo Geli; Luis Jiménez; José-Félix Zaldívar
Les références
‘Work to agreed timelines, partners and associates are always available and quick in replies and possess strong subject knowledge.’
‘Very communicative and responsive, able to explain complex subjects in simple language.’
‘High level of professionalism, availability, common sense, and the ability to resolve problems, discussions, and conflicts with elegance and simplicity rather than resorting to complex or aggressive strategies. A genuine interest in understanding the operation in detail, which is less common than one might expect.’
Principaux clients
Banco Santander
CaixaBank
Amrest Holdings
Goldman Sachs Asset Management
MGG Investment Group
Morgan Stanley
ING
CACIB
BBVA
Aermont Capital
IBA Capital Partners
Batipart Europe
Principaux dossiers
- Advising a wholly-owned subsidiary of Neinor Homes on the issuance of senior secured notes totalling €750m to partially finance the public voluntary tender offer for 100% of Aedas Homes’ shares as well as to refinance Aedas Homes’ existing financial debt.
- Acting as global lead counsel for the lender, CA-CIB, on a financing of around €700m granted to Nido Living (controlled by CPPIB) for the acquisition of a portfolio of PBSA/flexible living assets in Spain and Portugal.
- Advising MHE&A (formerly NH Hotel Group) on refinancing its senior debt, including its €400m 4.0% senior secured notes due in 2026 and its €250m super-senior revolving credit facility.
DLA Piper
Praised by clients for its ability to combine ‘solid local knowledge with a truly international approach’, the banking and finance team at DLA Piper handles a steady stream of instructions from high-profile domestic and international financial institutions. Representative work for the group includes big-ticket real estate finance, syndicated loans, and refinancings. César Herrero oversees the practice and is active in leveraged finance, project finance, and corporate finance transactions. Jesús Zapata is well-acquainted with the intricacies of cross-border financing transactions. José Marco acts for a diverse client base of financial institutions, debt funds, and corporates, while Juan Verdugo regularly advises on refinancing and restructuring plans.
Responsables de la pratique:
César Herrero
Autres avocats clés:
Jesús Zapata; José Marco; Juan Verdugo; Nerea Cemlyn-Jones; Carmen Fernández-Ladreda
Les références
‘They have demonstrated an impressive ability to handle complex situations effectively and professionally.’
‘This firm consistently delivers excellent work, with a fantastic team that pays close attention to every detail and the specific financing structure. They are always a valuable resource for the in-house teams they work with, anticipating needs and streamlining the document review process.’
‘The service and support provided have been outstanding. They constantly offered solutions, making you feel like your operation was at the heart of their decisions.’
Principaux clients
Santander
BBVA
Natixis
CaixaBank
Banco Sabadell
Société Générale
ING
Sacyr
Starwood Capital Europe Advisors
Talgo
Citri &Co
PIMCO
HSBC
Capitole
Ardian Real Estate Fund
LGT
NatWest
Hines
Deutsche Bank
Principaux dossiers
- Advising a consortium of institutional investors and bank lenders, including Goldman Sachs as the arranger and placement agent, on all Spanish law-related aspects of the refinancings granted to Real Betis Balompié, Valencia Club de Fútbol and FC Barcelona.
- Advising bank lenders on the financing granted to PERSÁN, S.A., a leader in the development, manufacture and marketing of home care and personal care products, for the acquisition of Mibelle, a Swiss group of companies.
- Advising PIMCO PRIME REAL ESTATE GMBH on the refinancing for the Parque Principado shopping centre located in Oviedo, Asturias.
Gómez-Acebo & Pombo
Noted by clients for its ‘high level of technical and market knowledge’, the team at Gómez-Acebo & Pombo is adept at handling the broad spectrum of banking and finance mandates, acting on both the lender and borrower side. Both financial institutions and multinational corporations alike turn to the group for its stellar expertise in refinancing and restructuring mandates. Practice head Rafael Aguilera is a trusted point of contact for lenders, receiving frequent instructions from banks and credit funds. Miguel Lamo de Espinosa routinely guides clients through restructuring issues, while Verónica Romaní is a key contact for clients in the infrastructure and energy sectors.
Responsables de la pratique:
Rafael Aguilera
Autres avocats clés:
Miguel Lamo de Espinosa; Verónica Romaní; Ferrán Foix; Antonio Ramírez; Paula Zarzalejos; Álvaro Sainz; José Francisco Canalejas
Les références
‘A team with extensive know-how in the Spanish market that always offers solutions to the problems encountered.’
‘This firm has historically demonstrated an exceptional team across all areas.’
‘They are known for their skills in conflict resolution and negotiation of the most complex contractual aspects with all types of clients, as well as their ability to adapt to each process.’
Principaux clients
JP Morgan
Ellnex
Grifols
Caixabank
Zegona
Engineered Stone Group
Agrofresh
Ing Bank
Amro Real Estate Partners Limited.
Técnicas Reunidas
Principaux dossiers
Hogan Lovells Spain
Hogan Lovells Spain‘s banking and finance practice is praised for its ability to ‘handle complex transactions effectively’, advising both lenders and borrowers. The team’s work spans real estate finance, refinancing, and leveraged finance for domestic and international clients alike. Practice head José Luis Vázquez advises major financial institutions and multinational corporations on project finance, acquisition finance and real estate finance, as well as restructuring and distressed debt. Alfredo Barona brings experience across asset and project finance as well as complex restructurings, while Miguel Mallo focuses on leveraged and acquisition finance mandates.
Responsables de la pratique:
José Luis Vázquez
Autres avocats clés:
Alfredo Barona; Miguel Mallo; Carlos Meijide; Cristina Ferrer; Mercedes Ochoa
Les références
‘They have the capacity to handle complex transactions effectively and possess a strong understanding of market practices and developments related to these types of operations.’
‘A very deal-oriented firm. Their ability to execute and their focus on finding common ground between parties facilitates successful transactions without delays.’
‘Hogan Lovells is a firm focused on relationships, conciliation, and efficiency in contract negotiation. This conciliatory approach, combined with a close-knit, reliable team that responds quickly and provides a well-balanced documentation base, makes them a leading firm in the sector.’
Principaux dossiers
Latham & Watkins LLP
Leveraging its international footprint, the banking and finance team at Latham & Watkins LLP has wide-ranging experience advising on transactions for both borrowers and lenders. Its focus on highly structured and complex deals results in frequent instructions from a diverse roster of high-profile domestic and international clients. The team is led by Fernando Colomina, who is regularly sought out by financial institutions, sponsors, and corporate borrowers. Pedro de Rojas is a recognised authority on restructuring processes for both creditors and distressed companies, while Luis Sánchez advises across acquisition and leveraged finance, real estate finance, and distressed investing.
Responsables de la pratique:
Fernando Colomina
Autres avocats clés:
Pedro de Rojas; Luis Sánchez
Les références
‘We work closely with the banking team in Madrid, particularly with Fernando Colomina and Luis Sánchez. We work with them regularly because they perfectly understand our business strategy and because they know how to successfully manage negotiations between sponsors and banks.’
‘Where they truly prove worthwhile is in cross-border transactions. Their knowledge of international market trends is a valuable asset for us, as they are thoroughly familiar with the financial products we use in the US and UK and propose the most suitable solutions for each transaction.’
‘Regarding client service, I would highlight their immediacy, dedication, and attention to detail; I find it superior to that of other firms with larger teams but less involvement from senior members.’
Principaux clients
Vertex
Kartesia
LLYC
Three Hills Capital Partners
ProA Capital de Inversiones, S.G.E.C.R., S.A.
JP Morgan
The Carlyle Group
Ares Management
Morgan Stanley
Cellnex
Goldman Sachs
BNP Paribas
Fertiberia
Barings
Platinum Equity
Permira
Boluda Group
Suanfarma
Investindustrial
Alpha wave
Deutsche Bank
Solum Partners
Intermediate Capital Group
Deoleo
PlasticEnergy
Triton Partners
EQT AB
CaixaBank
Banco BPM
Nordic Trustee
Principaux dossiers
- Advised on the refinancing of Cellnex’s €2.8bn syndicated credit facility.
- Advised Urbaser, a world leader in environmental solutions, on its €2.7bn refinancing and dividend recapitalisation.
- Advised the initial purchasers in connection with the €1.2bn bond issuance consisting of euro and US dollar-denominated fixed rate senior secured notes due 2030 by Maxam Prill.
Pérez-Llorca
Praised for its ‘deep technical knowledge of law, business, and the market’, Pérez-Llorca’s banking and finance team regularly acts for high-profile financial institutions and multinational corporations in both domestic and international contexts. The group offers broad expertise across refinancing, leveraged finance, and bridge financings. Practice head Ander Valverde has an established practice advising debt funds, asset managers, and major international banks. Ildefonso Arenas focuses on project and real estate finance transactions, while Mónica de San Román is active in the energy sector. Cross-border restructuring and refinancing matters are central to Eugenio Marín’s practice.
Responsables de la pratique:
Ander Valverde
Autres avocats clés:
Ildefonso Arenas; Monica de San Roman; Eugenio Marín; Isabel Villa
Les références
‘They compare well with any of the big players in this industry.’
‘Technical skills and total commitment. Isabel Villa is a rising star.’
‘The banking and finance team at Pérez-Llorca is extraordinary. Their exceptional personal qualities are complemented by a deep technical knowledge of law, business, and the market.’
Principaux clients
Citi
Brookfield
Bank of America Merrill Lynch
Ares Management
Tikehau Capital
ING Bank
Banco Santander
CaixaBank
Lazard
Genesis Care
Principaux dossiers
- Advised on the pan-European €700m loans granted by Citibank, RBC and Société Generale,as mandated lead arrangers, and Citibank, RBC Europe Limited, Royal Bank of Canada andSociété Generale, as lenders, to companies managed and owned by Blackstone Real Estate in connection with its acquisition of an 80% stake in a c. €1bn pan-European logistics portfolio owned by the Johannesburg-listed Burstone Group.
- Advised DIA, a LetterOne sponsored company, on its €885m refinancing transaction with HPS Investment Partners and a syndicate of leading banks.
- Advised CMNN on the financing and collateralisation of the purchase of over 2.3 million square metres of land in the northern area of the city of Madrid previously owned by ADIF and RENFE (Spanish State companies in charge of railway infrastructure and operations).
Freshfields
Ashurst LLP
With expertise spanning real estate finance, debt restructuring, and structured finance, the banking and finance team at Ashurst LLP acts for a diverse roster of banks and corporates in both domestic and cross-border contexts. The practice has extensive experience in project finance and receives regular instructions from clients in the energy and infrastructure sectors. The team is led by José Christian Bertram, who has an established practice advising on restructurings and a wide range of lending transactions. Nick Pawson regularly handles leveraged finance deals, while Irian Saleta Martínez is active in the renewables sector.
Responsables de la pratique:
José Christian Bertram
Autres avocats clés:
Nick Pawson; Aitor Errasti; Irian Saleta Martinez; Manuela Sanz
Les références
‘Agile and practical when resolving situations, knowing the objectives we are seeking in each one.’
‘Are aligned with client goals.’
Principaux clients
Goldman Sachs
Equitix
Lighthouse Properties Plc
Banco Santander, S.A.
Savills IM & Samsung SRA
Sonnedix
BlackRock
Xenia Capital
Macquarie
BNP Paribas
Fiera Real Estate
CaixaBank, S.A.
Cheyne Capital
Barings
AENA International
Principaux dossiers
- Advised BNP Paribas and a syndicate of 5 other international banks (Banco Santander, Intesa San Paolo, First Abu Dhabi Bank, Abu Dhabi Commercial PJSC and Sumitomo Mitsui Banking Corporation), in relation to the provision of financing of up to an aggregate of €705m to Abu Dhabi Future Energy Company PJSC.
- Advised Equitix European Infrastructure Fund on the €271m innovative financing granted to Equitix by Banco Santander for the refinancing, construction and development of a hybridised renewable energy portfolio.
- Advised Pemberton on the financing of the acquisition of Asociación de Industrias Alicantinas del Helado y Derivados, S.A. (Grupo Alacant) by Global Icecream Investments S.à rl, an independently managed investment company of the investment firm Investindustrial.
Dentons
Leveraging its international network and broad client offering, Dentons’ banking and finance team is regularly instructed by a wide range of multinational corporations and international banks. The group’s recent work spans sustainable finance, structured finance, and restructurings. The department is led by Jabier Badiola, who advises on export, asset, and real estate finance. Luis Belart focuses on the financing of sustainable projects, while Ignacio Fernández regularly acts for credit institutions, private equity funds, and sponsors in cross-border financing deals, most notably asset finance.
Responsables de la pratique:
Jabier Badiola
Autres avocats clés:
Luis Belart; Ignacio Fernández
Les références
‘Dentons is one of the firms we have collaborated with for years in the finance area. They stand out for their technical expertise, the consistency of their results, and the composure with which they handle complex transactions. They are a safe bet: they inspire confidence and never let us down.’
‘In recent transactions, the team has demonstrated excellent coordination skills with all parties involved, always maintaining a highly practical and results-oriented approach.’
‘Ignacio Fernández is a true problem solver. He combines excellent technical expertise with a proactive and decisive attitude, contributing rigour, agility, and a practical vision that is crucial for successfully completing even the most complex transactions.’
Principaux clients
Banco Santander, S.A.
Acciona S.A.
SFI Markets B.V.
Deutsche Bank AG
Arganda Residential Leasehold S.A.
UniCredit Bank AG
Peninsula Petroleum Ltd.
Banco de Sabadell, S.A.
Alantra Partners, S.A.
ING Bank NV, Sucursal en España
PGIM Inc. (Pricoa Private Capital)
Inparsa Real Estate S.L.
Digitaldent Investments, S.L.
Zandivio Plc
Smile2Impress, S.L. U
HSBC Continental Europe
Gutenberghof Residential Valdemoro
Nuveen Real Estate – Fedeboge Investments
Remolques Unidos
Principaux dossiers
- Advised a syndicate of major financial institutions on a high-value, multijurisdictional transaction involving the conversion and sale of convertible bonds issued by Grupo Empresarial SANDO.
- Advised Acciona and SFI Markets on a €160m financing and a $140m Green Facility Agreement to develop projects aimed at reducing CO2 emissions and promoting sustainable growth in the Gulf Cooperation Council (GCC) countries.
- Advised the existing lenders in relation to Swiss Life Grizzly refinancing transaction in connection with Eliance Group.
Herbert Smith Freehills Kramer LLP
With a broad banking and finance offering encompassing acquisition finance, restructuring, and real estate finance, Herbert Smith Freehills Kramer LLP is well positioned to advise on both domestic and international mandates and acts for a diverse client base of banks, private equity funds, and multinational corporations. Practice head Armando García-Mendoza has extensive experience across the energy, infrastructure, and real estate sectors. Sergio Cires is frequently sought out for his work on leveraged finance, refinancing, and project finance, while Carmen Jara advises lenders, borrowers, and sponsors on a wide range of financing mandates.
Responsables de la pratique:
Armando García-Mendoza
Autres avocats clés:
Sergio Cires; Carmen Jara; Carmen Hermosín
Les références
‘The team stands out for its coordination, the friendly and always available service of Sergio Cires and his team, and their legal expertise and coordination with other teams within the firm if the transaction requires it.’
‘Good quality team with great experience and excellent knowledge in the sector.’
‘Great experience, depth of the law firm practice, and cross-border experience.’
Principaux clients
Banco Santander
CaixaBank
Mediobanca Banca di Credito Finanziario
Blantyre Capital
LCN Capital Partners
Magnum Industrial Partners
Morgan Stanley
Cain International
Boreal IM
HIH Invest
Kartesia Management
Clarion Partners Europe
Portobello Capital
Citigroup
Hoist Finance
LCM Partners
Bank of Communications Co., LTD.
Principaux dossiers
- Advised CaixaBank and the rest of the Global Coordinators on an approximately €600m debt notes issuance for funding the general corporate purposes of FCC Medio Ambiente,part of the FCC Group.
- Advised Banco Santander on the financing, granted to a company controlled by Portobello Capitaland Tensile Capital Management to, among other purposes, finance the acquisition of Plenoil, a leading company in « low cost » gas stations in Spain.
- Advised Mediobanca Banca di Credito Finanziario on a financing transaction involving a €400m facilities agreement granted to Asterion Industrial Partners in order to finance its newly constituted Fund (Asterion Industrial Infra. Fund III, F.C.R.).
Jones Day
Standing out for its ‘international experience and extensive global network’, the banking and finance team at Jones Day is regularly instructed on complex cross-border transactions involving real estate, leveraged, and acquisition finance. The leadership group comprises Javier López Antón, who acts for a broad mix of lenders and borrowers; Ivan Martín-Barbón, whose practice focuses on real estate and structured finance; José Luis Pita da Veiga Subirats, who is frequently instructed by banks and alternative lenders; and project finance specialist Fernando Lillo.
Responsables de la pratique:
Javier López Antón; Iván Martín-Barbón; José Luis Pita da Veiga Subirats; Fernando Lillo
Autres avocats clés:
Elvira Coloma; Patricia Vela
Les références
‘They get the job done. Very good knowledge of all practical and legal aspects of the issue at hand. Not losing time on unimportant stuff. Good negotiators with the counterparty. Firm and eloquent but respectfully enough not to blow the good atmosphere.’
‘Jones Day’s banking and finance team stands out for its professionalism, analytical skills, and strategic vision, qualities that make it an invaluable legal partner. This enables them to provide comprehensive, comparative solutions, particularly useful in transactions with multiple jurisdictions.’
‘Jones Day’s lawyers are distinguished by their technical rigour, commitment, and analytical skills, along with a deep understanding of client needs. Their key differentiator is the global perspective they bring, a result of their international presence and a work culture based on collaboration across offices and disciplines.’
Principaux clients
Greystar Real Estate Partners
LaSalle Asset Management
ING Belgium SA/NV
NetOn Power
Belfius Bank, ING Belgium and KBC Bank
Euroclear SA/NV
Société Générale S.A.
Banco Sabadell, S.A., ING Capital and Coöperatieve Rabobank UA
Banca March, S.A.
Eólica Navarra, S.L.U.
Principaux dossiers
- Advised a Spanish Greystar property company (GS Boadilla Propco, S.L.U.) on the financing for the construction, development and operating of a flex-living program, in the context of its acquisition of a land plot in Madrid from Boadilla Green Eco Village, S.L.U.
- Advised LaSalle Investment Management’s Encore+ Fund on an acquisition facility in connection with the acquisition a five star leased hotel located in Barcelona from a Spanish hotel group named NH Group SA.
- Advised NetOn Power on the €17.5m project financing of a portfolio of 10 self-consumption photovoltaic installations with a global peak capacity of up to 24 MWp located in different municipalities of Spain.
White & Case LLP
With frequent instructions from high-profile clients in the energy, TMT, and infrastructure sectors, White & Case LLP’s banking and finance practice covers syndicated lending, refinancing, and project finance, among other matters. Drawing on its international footprint, the team regularly collaborates on cross-border transactions with ties to Latin America. Practice head Fernando Navarro is skilled in leveraged and acquisition finance. Jaime Rossi advises a broad range of international sponsors, financial institutions, and debt funds on acquisition and real estate finance, syndicated lending and restructurings, while Alfonso García Freire is regularly instructed by both borrowers and lenders on a wide range of financing deals.
Responsables de la pratique:
Fernando Navarro
Autres avocats clés:
Jaime Rossi; Alfonso García Freire; Julio Peralta
Les références
‘The White & Case team knows and fully understands our internal requirements for each situation and is able to negotiate key points and keep us informed of emerging risks efficiently and accurately.’
‘They are unique and irreplaceable: with a strong business acumen, they don’t waste their time arguing over minor clauses with no practical relevance, but instead focus their efforts on providing high-quality legal advice on the crucial elements.’
‘Fernando Navarro is unique in his experience, work ethic, business acumen, and legal expertise. Working with Fernando is like having the world’s best lawyer in-house, someone who knows the bank’s internal requirements inside and out.’
Principaux dossiers
Addleshaw Goddard
Addleshaw Goddard offers a robust banking and finance practice capable of advising on a wide range of mandates, including real estate finance, fund finance, and acquisition finance. The team receives frequent instructions from a variety of international banks, private equity firms, and multinational corporations. Joaquín Sales leads the team and regularly advises clients on project, acquisition, and asset finance, while Félix Hernández maintains a strong practice acting for a range of banks, investment funds, and real estate funds.
Responsables de la pratique:
Joaquín Sales
Autres avocats clés:
Félix Hernández; Jose Berjón
Les références
‘A team with maximum professionalism and availability, with extensive knowledge of the industry and the cases linked to syndicated project financing.’
‘Joaquín Sales has demonstrated his level of professionalism to us for many years, proposing alternatives, solving problems between clients and entities, always providing proposals that unite the interests of all parties, and respecting contractual agreements.’
‘Agile and dynamic office, both in the preliminary process and in the drafting and negotiation of documents.’
Principaux clients
Valencia Club de Fútbol
Go Fit
Buenavista Capital Partners (formerly GED)
La Finca Group
Capza
EDP Energías de Portugal
European Investment Bank
Asterion
Banco Santander
China Development Bank
Qualitas Equity Partners
Portobello Capital
Principaux dossiers
- Advised Go Fit on the refinancing granted by ICG.
- Advising the European Investment Bank on the management of an amount of €700m sourced by the Recovery and Resilience Fund for the Kingdom of Spain and committed to a « fund of funds ».
- Advised Asterion on the facility provided by Mediobanca to finance investments and expenses of its Fund III.
Baker McKenzie
Specialising in cross-border transactions, the banking and finance team at Baker McKenzie regularly handles a broad range of mandates, including acquisition finance, project finance, and restructurings. Both domestic and international banks, as well as multinational corporations, turn to the team for its full-service offering. Practice head Juan Gelabert has extensive experience advising on restructuring and structured finance transactions. Rossanna D’Onza advises banks, alternative lenders, and borrowers across a wide range of financing matters, while Paloma Moreno de la Santa is frequently instructed by both domestic and international clients on financing and refinancing deals.
Responsables de la pratique:
Juan Gelabert
Autres avocats clés:
Rossanna D’Onza; Paloma Moreno de la Santa; Marina Martínez
Les références
‘They are the firm that knows the most about sports and media finance.’
‘Juan Gelabert is the person in Spain who knows the most about financing in the world of football.’
‘Technically excellent team with a great commercial angle.’
Principaux clients
Atos SE
Pricoa Private Capital (PGIM)
Principaux dossiers
- Acted for Atos group in connection with the refinancing of its financial indebtedness and the execution of several new money facility agreements, note issuance and purchase agreements, settlement agreements, and intercreditor agreements.
- Advised PGIM Private Capital Group in connection with the financing to Regisa DC, S.A. for the refinancing of the existing debt of certain companies of DC Group.
Watson Farley & Williams LLP
Specialising in project finance transactions in the energy and infrastructure sectors, the banking and finance team at Watson Farley & Williams LLP acts for a diverse roster of domestic and international banks as well as multinational corporates. Practice head Rodrigo Berasategui is well-versed in export finance and the financing of renewable energy projects. Jose María Anarte is noted for his experience in financings within the energy, infrastructure and transport sectors, while real estate finance is the mainstay of Pablo San Gil‘s practice.
Responsables de la pratique:
Rodrigo Berasategui
Autres avocats clés:
José Maria Anarte; Pablo San Gil; Juan Vicente Barquilla; Antón Ramil
Les références
‘WFW is a firm of excellent professional and personal calibre. The team has in-depth knowledge of various sectors, which allows them to provide specific and concrete advice on different financial transactions with diverse clients and underlying assets. They always understand and protect their client’s interests, while remaining focused on finding commercially viable solutions.’
‘Working with the WFW team is a pleasure because, in addition to their expertise, they possess a commercial perspective and a deep understanding of the client’s needs and the bank’s requirements.’
‘There is always excellent coordination within the assigned team, which is essential for the day-to-day operations.’
Principaux clients
Banco Santander
Sonnedix
Societe Generale
ICO
HSBC
Global Ports Holding (“GPH”)
Copenhagen Infrastructure Partners (“CIP”)
Frasers Hospitality Holdings Pte Ltd
Alpha Trains
Iberdrola
ADIF Alta Velocidad
IKAV
HSBC
Greening
Forestalia
CESCE
Principaux dossiers
Bird & Bird
Bird & Bird fields a banking and finance team ‘characterised by very deep technical knowledge’ across the full range of banking and finance matters, including syndicated loans, real estate finance, and project finance. The practice is jointly led by José Luis Lorente Howell, who has extensive experience in acquisition finance and restructurings in both domestic and international contexts, and Fernando Gutiérrez Rizaldos, who excels in financial regulatory matters. Isabel Rodríguez Mendieta is regularly instructed on financing, refinancing and insolvency mandates.
Responsables de la pratique:
José Luis Lorente Howell; Fernando Gutiérrez
Autres avocats clés:
Isabel Rodríguez Mendieta; Judit Martínez Manzano; Gloria Priego
Les références
‘The team is characterised by their very deep technical knowledge.’
‘Very solid technical qualities.’
‘A great understanding of my business, which results in clearly better advice.’
Principaux clients
Santander Global Technology And Operations
Getnet Europe
Banco Bilbao Vizcaya Argentaria, S.A.
Cabify España, S.L. Unipersonal
Kereskedelmi És Hitelbank Zártkörűen Működő Részvénytársaság
R+J Eurodevelopment, S.L.
Onate
Interbridge
Fiduciam Nominees Limited
Fabletics, S.L.U.
Itau Unibanco S.A.
Symbiotic Capital Agency LLC
BFF Bank S.p.A
Itochu Corporation
Fabletics Inc.
Hikari Power Z Llc
BMO Bank
Principaux dossiers
- Advised BBVA on a complex financing transaction involving a revolving credit facility and a reverse factoring arrangement, both secured by a comprehensive security package.
- Advised US financial entity BMO Bank on the second amendment to a $120m credit agreement.
- Advised Symbiotic on the granting of a multijurisdictional financing to a business conglomerate of the healthcare sector, Alira Health Group Holdings LLC.
Cases & Lacambra
Cases & Lacambra offers a strong banking and finance practice covering the full spectrum of mandates, including restructuring, secondary debt trading, and structured finance. Miguel Cases leads the team and regularly advises multinational corporations, public administrations, and investment funds. Toni Barios maintains a well-established practice in structured finance, project finance, and syndicated loans, while Araceli Leyva supports clients across a wide range of financial, derivative, and corporate transactions. Joaquin Fabre stands out for his experience in syndicated, leveraged and alternative finance.
Responsables de la pratique:
Miguel Cases
Autres avocats clés:
Joaquín Fabré; Toni Barios; Araceli Leyva; Claudi Rossell; María Arroyos
Les références
‘They are a young firm, but with highly specialised members who have many years of experience, eager to do excellent work and offer competitive rates. They compare favorably with other top-tier firms, easily competing with them in several areas.’
‘The best quality is the close relationship the partners have with the project. Their expertise is excellent, and they are top-notch lawyers. Toni Barios, Araceli Leyva, and María Arroyos are three outstanding lawyers with whom we have worked very well and felt very well advised.’
‘Specialised knowledge of products and jurisdictions. Close, high-level advice from partners.’
Principaux clients
Abanca Corporación Bancaria, S.A.
HSBC UK Bank Plc.
Instituto de Crédito Oficial, E.P.E.
BC Nonwovens, S.L.
Deudafix Reparadora Legal Group, S.L.
Kutxabank, S.A.
MSA Mizar S.P.A.
MFX Solutions, Inc
Caixabank, S.A.
Fondo Para La Internacionalización de la Empresa, F.C.P.J.
Principaux dossiers
- Advised ABANCA on the restructuring of three existing securitisation funds.
- Advised BC Nonwovens, S.L. on the review and negotiation of the finance documents with regards to the financing granted by a syndication of banks led by Banco de Sabadell, S.A.
- Advised the Instituto de Crédito Oficial (ICO), the Spanish state-owned bank, acting in the name and on behalf of the Spanish Government and in the interest of the State.
CMS Albiñana y Suárez de Lezo
CMS Albiñana y Suárez de Lezo is equipped to handle a wide range of banking and finance mandates, supporting both lenders and borrowers across real estate, acquisition, and project finance transactions. Alberto Mata Rodríguez leads the department and maintains a strong practice advising on debt restructurings and refinancing, while Alejandro González has extensive experience advising on leveraged buy-outs, bond issuances, and securitisations.
Responsables de la pratique:
Alberto Mata Rodríguez
Autres avocats clés:
Alejandro González
Les références
‘CMS Spain offers a multidisciplinary team with highly skilled lawyers in various areas. In particular, in financial law, they can provide support for all types of financial transactions and coordinate with other CMS lawyers in different jurisdictions from Spain, offering centralised international advice in Madrid. They respond very quickly and have excellent coverage of the financial area.’
‘Special mention must be made of Alberto Mata, a partner in the finance department and an excellent professional. He has a wonderful command of financial law and is absolutely exceptional in client management. He provides close and frequent follow-up and is incredibly attentive and friendly.’
‘A highly dedicated and business-oriented team. They’re an integral part of our team and excellent lawyers.’
Principaux clients
Banco Santander, S.A.
You First, S.L.
Celadone Limited
Acciona, S.A.
Ester Finance Technologies
Deutsche Bank, S.A.
Arcano Partners
Natixis, S.A.
K-Fund FCRE
Millenium Hospitality Real Estate SOCIMI, S.A.
BNP Paribas, S.A.
Laboratorios Beemine, S.L.
Grupo Restauración Lateral, S.L.
ING Bank N.V.
RIC Energy, S.L.
Terzo H SARL
Sacyr, S.A.
Grupo Ortiz, S.A.
Banco de Sabadell, S.A.
Caixabank, S.A.
Banco Pichincha España, S.A.
Bankinter, S.A.
Citibank Europe PLC
Unicaja Banco, S.A.
Principaux dossiers
- Advises You First, S.L. in connection with the financing granted to The Gersh Agency LLC to partially finance the acquisition of certain companies of the You First group.
- Advised Deutsche Bank, S.A.U. in connection with the sale of a non-performing loans (NPLs) portfolio to PSD Lux, S.À R.L. (a company owned by Hipoges).
- Advised Millenium Hospitality Real Estate SOCIMI, S.A. in connection with a facility agreement granted by Banco de Sabadell, S.A. to partially finance the acquisition and construction of a residential building into a five-star hotel.
RocaJunyent
With experience covering a broad spectrum of banking and finance mandates RocaJunyent receive regular instructions to advise on syndicated financing, real estate finance, and refinancing. Xavier Foz sports extensive experience advising on structured finance and the secondary debt market. Jordi Bermúdez is well-versed in the intricacies of debt restructuring, while Javier Rodríguez possesses a wealth of experience advising both credit institutions and private creditors.
Responsables de la pratique:
Xavier Foz
Autres avocats clés:
Jordi Bermúdez; Javier Rodríguez
Les références
‘The firm’s lawyers stand out for their ability to combine technical excellence with a close client relationship. They don’t just provide legal answers; they understand the business context and offer strategic, practical, and results-oriented solutions.’
‘Unlike other competitors, the team is distinguished by its personal involvement in each case, its agility in management, and its direct and accessible approach, which fosters a relationship of trust and continuity with clients. Furthermore, they maintain fluid, transparent communication focused on adding value from the very first contact.’
‘Among their key strengths are technical expertise, analytical skills, proactivity, and a strong internal culture of collaboration that is evident in the consistency and quality of work at all levels.’
Principaux clients
Caixabank
Banco Sabadell
Morabanc
Institut Català De Finances (Icf)
IKB Deutsche Industriebank
BBVA
Henko Partners
Tresmares Santander Direct Leding
Instituto De Crédito Oficial (Ico)
Securitize
Openchip & Software Technologies, S.L.
Gas N2itrogen, S.L.
Principaux dossiers
- Provided legal counsel to IKB Bank in structuring the offering of a fixed-term deposit product to Spanish residents through the Raisin platform.
- Provided advice to the syndicate of guarantor institutions led by Banco Sabadell on a €111m funding.
Squire Patton Boggs
Squire Patton Boggs covers a myriad banking and finance issues spanning acquisition, project, and real estate finance for a broad portfolio of international financial institutions and multinational corporations. The department is led by José Luis Iriarte Ruiz, who has amassed considerable experience advising on project finance, debt restructuring, and export finance transactions in both a domestic and international context. Ana Bohórquez receives regular corporate and leveraged finance mandates.
Responsables de la pratique:
José Luis Iriarte
Autres avocats clés:
Ana Bohórquez
Les références
‘Squire Patton Boggs’ banking and finance team combines a strong international presence with local knowledge in Spain, which is especially useful in cross-border transactions with European or English components. They are distinguished by their agility and highly practical approach, offering advice that balances technical rigour with the commercial realities of each transaction.’
‘In recent years, they have strengthened their expertise in refinancings and multijurisdictional transactions, working in close integration with offices in other countries. They also stand out for their personalised and flexible project management, which sets them apart from other firms of the same calibre.’
‘The lawyers at Squire Patton Boggs are distinguished by their transactional approach combined with international technical expertise: they are able to handle complex financial transactions with a practical, client-focused perspective, without sacrificing legal rigour.’
Principaux clients
Miss Group
Terratest
Coreweave
Tikehau AM
Sherpa Capital
Oldenburgische Landesbank AG (OLB)
Eiffel Investment Group SAS
Banco Santander
Nord LB
Eiffel Investment Group SAS
Langur Holding Corporation, S.L.
Hidrógeno Verde Renovable, S.L.
Cerberus Capital Management and a syndicate of lenders
Principaux dossiers
- Advised Miss Group on the €391m debt refinancing with HPS Investment.
- Advised lenders on €240m debt refinancing and restructuring plan for Grupo Terratest.
- Advised Coreweave on its $7.5bn multijurisdictional capital expenditure financing and group restructuring.
Andersen in Spain
Andersen in Spain is widely recognised by both borrowers and lenders for its expertise across real estate finance, refinancing, and syndicated loans in domestic and international contexts. The practice is jointly led by Miguel Prado, who regularly advises national and international credit institutions, finance companies, and banks, and Guillermo Yuste, who brings extensive experience in trade finance, syndicated lending, and project finance within the renewable energy sector. Guillermo Muñoz-Alonso remains a key adviser for financial institutions and investment funds.
Responsables de la pratique:
Miguel Prado; Guillermo Yuste
Autres avocats clés:
Guillermo Muñoz-Alonso
Les références
‘Andersen’s practice is small, but they are always up-to-date with the latest developments. They are sophisticated and practical, and much more cost-effective than other high-quality firms.’
‘For us, Guillermo Muñoz-Alonso’s opinion is essential. He has known us for almost 20 years, and his perspective is indispensable. He anticipates problems and provides the most appropriate solutions. His level of commitment to the client is exceptional.’
‘The team operates as a boutique law firm as it has a reduced size. However, it is extremely experienced and knowledgeable and able to provide top-quality advice. When they are handling your transaction, you always get the impression that it’s the most important transaction in the world.’
Principaux clients
Coöperatieve Rabobank U.A.
CaixaBank
Atlantica Infraestructura Sostenible, S.L.
ID Finance
Sofinco
Abastecimientos Energéticos, S.L.
Advenis REIM
COFIDES
Sabadell
BBVA
Coöperatieve Rabobank U.A.
CaixaBank
Atlantica Infraestructura Sostenible, S.L.
ID Finance
Sofinco
Abastecimientos Energéticos, S.L.
Advenis REIM
COFIDES
Sabadell
BBVA
Principaux dossiers
- Advised Atlantica Sustainable Infrastructure PLC, a global operator of renewable energy assets and sustainable infrastructure based in London and listed on the NASDAQ, on the registration of a promissory note programme on the Spanish alternative fixed income market (MARF).
- Advised Abastecimientos Energéticos on the cancellation of a bond financing as part of the sale of the 18 MW El Bonillo photovoltaic plant, a historic transaction in the Spanish and European solar energy market.
- Advised Advenis Reim, a French portfolio management company, on the acquisition, through its real estate company SCPI Elialys, of the Hotel Allegro Granada.
Araoz & Rueda
With expertise across the full spectrum of banking and finance mandates, Araoz & Rueda regularly advises leading financial institutions both domestically and internationally. Acquisition, project, and real estate finance feature prominently in the team’s recent work. Rafael Bazán leads the team with a well-established practice in NPLs and asset portfolios, while Alejandra Gómez and Amelia Giménez are highly experienced in corporate financing and refinancing transactions.
Responsables de la pratique:
Rafael Bazán
Autres avocats clés:
Alejandra Gómez; Amelia Giménez
Les références
‘Possess market knowledge and experience plus great personal skills from all team members.’
‘Rafael Bazán is a top-tier banking and finance lawyer with an in-depth sector knowledge and experience.’
Principaux clients
Crédit Agricole CIB
Sicame Group
BNP Paribas USA
BGL BNP Paribas Luxembourg
Arev Partners
Ecoalf
Visalia Energía
Everwood Capital
Bivaltasa Global Advisory
Charme Capital Partners
Principaux dossiers
- Advised Curium Pharma Spain on the ratification of the existing Spanish security interests as a consequence of the upsize of the tranches of the financing for more than $ 1,000,000,000.
- Advised Visalia Energía, S.L., on the first issuance of promissory notes under the “Green Promisory Notes Programme Visalia 2025” in the MARF (Mercado Alternativo de Renta Fija), and on the first bond issue under the “Visalia 2024 green bond programme” in the MARF (Mercado Alternativo de Renta Fija).
- Advised Bivaltasa Gloval Advisory, S.L. and its subsidiaries on the drafting, negotiation and execution of a syndicated financing agreement with Banco de Sabadell, Caixabank, BBVA and Deutsche Bank, mainly aimed at refinancing existing financial debt and covering the group’s working capital needs.
BROSETA Abogados
BROSETA Abogados offers a strong banking and finance practice, advising a wide array of high-profile lenders both domestically and internationally. The team is jointly led by restructuring and distressed debt specialist Miguel Navarro, Antonio Navarro, who is trusted by a roster of domestic and international financial institutions, Carlos Salinas, active in LBOs and asset finance transactions, and Manuel Monzó, who regularly advises clients on syndicated loans.
Responsables de la pratique:
Antonio J. Navarro; Miguel Navarro; Carlos Salinas; Manuel Monzó
Les références
‘Broseta offers a remarkable quality/price ratio that is above average. Their level of collaboration is outstanding.’
‘Over time, we have interacted particularly with Miguel Navarro, who has always demonstrated impeccable professionalism and profound legal knowledge. His presence in the proceedings has adequately safeguarded the interests of the entities and facilitated negotiations.’
‘The service and support provided have been outstanding. They constantly offered solutions, making you feel like your operation was at the heart of their decisions.’
Principaux clients
Santander, Cajamar, BCC, Caixabank, Bankinter, Deutsche, Unicaja, Abanca e Iberaval.
BBVA, Caja R. del Sur, Bankinter, BCC y Cajamar.
7th Floor Bootstrapping
Banco Santander, Caixabank and Caja Rural Del Sur
Frost-Trol, S.A.
Financial Creditors (Caixabank, Bankinter, Cajamar), Except Banco Santander (That Opposed The Restructuring Plan)
Caixabank, Banco De Sabadell and Banco Bilbao Vizcaya Argentaria
Caixabank, Santander, Caixa Popular, Ibercaja and 8 Other Banks
Santander, Caixabank, Caja Rural del Sur and Deutsche Bank
Vae Homes Group
Principaux dossiers
- Advised Santander, Cajamar, BCC, Caixabank, Bankinter, Deutsche, Unicaja, Abanca e Iberaval on the restructuring of both the financial and commercial debt of Ganadería Casaseca 2010, S.L.U. (“Casaseca”).
- Advised BBVA, Caja R. del Sur, Bankinter, BCC y Cajamar on the restructuring of the financial debt of Alhóndiga La Unión, S.A.
- Assisted 7th Floor Bootstrapping jointly with Banco Santander and CaixaBank in the negotiation and filing of a Restructuring Plan of Grupo Azor.
Evergreen Legal, S.L.P.
Evergreen Legal, S.L.P. offers a strong banking and finance practice, advising a diverse roster of multinational corporations and financial institutions. Refinancing, project finance, and syndicated loans feature prominently in the team’s recent work. The practice is jointly led by Alberto Campo, who is well placed to advise on structured and real estate finance transactions, restructuring specialist Yurena Medina, and Marta González Araña, who has extensive experience advising on project finance in the energy sector.
Responsables de la pratique:
Alberto Campo; Yurena Medina; Marta Gonzalez Araña
Autres avocats clés:
Pablo Alarcon
Les références
The banking and finance team at Evergreen Legal, led by Alberto Campo and Yurena Medina, stands out for its exceptional combination of technical rigour, strategic vision, and close client relationships. What truly makes this practice unique is its ability to offer sophisticated and creative solutions in complex transactions, always keeping in mind the business objectives and practical needs of the companies they work with.’
‘One of Evergreen Legal’s greatest assets lies in the human and professional qualities of its team. Yurena Medina stands out for her distinctly commercial and client-oriented profile: she quickly grasps the strategic needs of each transaction and knows how to translate them into clear, viable legal solutions aligned with business objectives. Her ability to build trust, facilitate communication between the parties, and anticipate potential obstacles makes her a key figure in the success of transactions.’
‘For his part, Alberto Campo excels in his high level of technical expertise and his exceptional ability to design innovative structures that effectively resolve the most complex problems that arise during transactions. His in-depth knowledge of the regulatory and financial framework, combined with a creative and results-oriented mindset, provides a differentiating value that is difficult to find in other firms.’
Principaux clients
Tresmares Santander Direct Lending
Alantra Partners
Sherpa Capital
Banco Santander
Banco Sabadell
CaixaBank
Inveready Asset Management
MasOrange Group
Avatel Telecom
Atrys Health
Opdenergy Holding
Zelestra (formerly named Solarpack)
Grenergy Renovables
Merlin Properties
Eurofund Capital Partners
P3 Logistic Parks
Principaux dossiers
- Advised MASORANGE Group on the amendment and increase of a senior facilities agreement in an aggregate principal amount as regards the New Facilities of €6.25bn as part of the new capital and debt structure for the MASORANGE Group upon completion of a Fiberco joint-venture with Vodafone Spain and GIC (so-called Project Surf).
- Advised OPDENERGY Holding (a current subsidiary of Antin Infrastructure Partners) in the refinancing and issuance of new corporate bonds arranged by EIG Partners and Infranity, with Bank of New York Mellon acting as Trustee, in an aggregate principal amount of €350m plus an incremental facility/accordion of €150m.
- Advised Inveready Asset Management on the granting of an acquisition facilities agreement (including term facility and convertible facility) in the context of the M&A deal for the acquisition of all shares in AVATEL Telecom, in an aggregate principal amount of €98m.
Eversheds Sutherland
Acting for a diverse range of international financial institutions and multinational corporations, Eversheds Sutherland handles the full spectrum of banking and finance mandates, spanning project finance, asset-based lending, and real estate finance. Teresa Villarroya Vargas leads the practice and regularly advises clients on renewable energy projects, transport infrastructure, and ship financings. Marta Becker routinely advises banks, funds, and sponsors, while Eugenia García Calzada is particularly active in acquisition finance.
Responsables de la pratique:
Teresa Villarroya Vargas
Autres avocats clés:
Marta Becker; Eugenia García Calzada
Les références
‘The team led by Teresa Villarroya offers a superior service compared to other firms in terms of service delivery format with personalised and attentive service – something increasingly rare in the industry – maintaining a focus on delivering high-quality work and with honest and transparent advice, where Teresa’s expertise and opinion add value during the formalisation phase.’
‘Always available and aligned with the operation schedule and the client’s needs.’
Principaux clients
Sonnedix
X-ELIO
Fidelity International (FIL)
Banco Santander
CBRE
Corpfin Partners
Kobus Partners
Principaux dossiers
ONTIER
ONTIER is well-equipped to handle a wide range of banking and finance matters, regularly advising both borrowers and lenders on real estate finance, structured finance transactions, and debt restructurings. Israel Gomez-Caro Gil, with an established practice in asset financing, refinancing, and leveraged finance, and Manuel Mingot jointly lead the team, while Esteban Cuyás Caudevilla advises on complex multijurisdictional real estate and corporate finance matters.
Responsables de la pratique:
Israel Gómez-Caro Gil; Manuel Mingot
Autres avocats clés:
Esteban Cuyás Caudevilla
Les références
‘The Ontier team is highly professional and ethical. Their responses to our inquiries are always prompt and legally sound. They are a solid team, capable of handling the transactions and matters we request.’
‘Our relationship with Esteban Cuyás Caudevilla has been very positive, characterised by fluid and effective communication. He is always willing to work and safeguard our interests in the best possible way. Esteban is a competent, professional, and highly ethical lawyer.’
‘Manuel Mingot and his team are meticulous and trustworthy professionals’
Principaux clients
Banco de Sabadell, S.A.
Banco Inbursa
Eiffel Investment Group
CaixaBank
Central American Bank for Economic Integration (CABEI)
Grupo Boyacá
Abei Energy & Infrastructure, S.L.U.
Bestinver, S.A.
AGQ Technological Corporate, S.L.
Exclusive Capital SAS
Indra Sistemas, S.A.
DuPont Deutschland Holding GmbH & Co. KG
Abanca Corporación Bancaria, S.A
Fundeen Platform, S.A
COX ENERGY
Ursae Polaris, S.L. (Almond Capital)
IBERVALLES
Principaux dossiers
- Advised the Central American Bank for Economic Integration (CABEI) on the €33.6m financing granted by BBVA to produce medicines and humanitarian supplies in Cuba (including COVID vaccines), within the framework of the United Nations Development Programme (UNDP).
- Advised AGQ Labs — a leading company in the TIC (Testing, Inspection, and Certification) industry, with operations in over 20 countries and a portfolio company of Portobello Structured Partnerships Fund I — on the structuring and negotiation of a financing facility granted by CaixaBank, S.A.
- Advised Indra Sistemas, S.A., a Spanish listed company, on the issuance of a capacity legal opinion concerning the execution of a deed of guarantee and indemnity in connection with a transaction governed by the laws of New South Wales, Australia.
Pinsent Masons LLP
The banking and finance team at Pinsent Masons LLP offers a strong practice capable of advising a range of high-profile borrowers and lenders. Real estate finance and refinancing transactions, both domestic and international, are key strengths for the team. Practice head José Millán Martin handles acquisition, structured, and project finance matters. Jesús Priego Luque is experienced in syndicated bank financing, while Pedro Gila Martínez-Conde has extensive expertise advising on real estate finance.
Responsables de la pratique:
José Millán Martin
Autres avocats clés:
Jesús Priego Luque; Pedro Gila Martínez-Conde
Les références
‘I believe that the banking and finance team at Pinsent Masons offers great flexibility, dedication, and attention to detail. They have in-depth knowledge of companies, banks, and other firms, and they make complex matters simple for clients.’
‘You get the feeling that your matter is very important to them too, leading to a close collaboration.’
Principaux clients
HM Media and Horses Media Group
Columbia Threadneedle
Banco de Crédito Cooperativo, S.A.
Principaux dossiers
- Advised HM Media and Horses Media Group, media production companies, on the coordination, review, and negotiation of contracts necessary to implement a €40.26m financing granted in favour of HM Media.
- Advised a company belonging to the Columbia Threadneedle group on the negotiation of a financing entered into with BBVA, as lender, for the purposes of refinancing an existing German law governed facility agreement granted for the purposes of acquiring a real estate asset located in Madrid, secured with a mortgage over such property.
- Advising Banco de Crédito Social Cooperativo on the entry into several financing transactions for an aggregate take amount of over €100m.
Ramón y Cajal Abogados
Lesayra
Deloitte Abogados
Deloitte Abogados assembles a strong banking and finance offering, capable of advising a diverse client base ranging from financial institutions to debt funds in both domestic and international markets. Practice head Ignacio Echenagusia has extensive experience advising on acquisition, corporate, and project finance. José Magán advises a varied mix of multinational corporations and financial institutions, while refinancing agreements form the core focus of José Manuel López‘s practice.
Responsables de la pratique:
Ignacio Echenagusia
Autres avocats clés:
José Magán; José Manuel López; Andrea Suárez
Principaux clients
Nuadi Components, S.L., Nuadi Europe, S.L.U., and Sadeca Automotive, S.L.
Balio Managing Partners, S.A.
Principaux dossiers
- Advised Nuadi Components, Nuadi Europe, and Sadeca Automotive on a €42.2m financing to refinance debt, fund capex, settle prior acquisition payments, and for general corporate purposes, including executing the financing and collateral agreements and cancelling existing securities.
- Advised Sollube Metal and Bostlan on a €5m long-term financing to fund Sollube Metal’s acquisition of 100% of Bostlan’s share capital.
Ecija
Ecija maintains a versatile banking and finance practice, handling matters that range from structured asset finance to cross-border lending and sports financing. The team regularly acts for both financial institutions and multinational corporations. Jesús Estévez leads on acquisition finance, project financing, and debt restructuring, while Magdalena Bertram frequently advises strategic investors and financial institutions on both domestic and cross-border mandates.
Autres avocats clés:
Jesús Estévez; Magdalena Bertram
Principaux clients
Grupo Pascual
Principaux dossiers
- Advised Grupo Pascual on the €170m amendment of a syndicated financing facility as part of a major corporate restructuring.
- Advised Arcano Asset Capital & Finance as arranger on a €133m cross-border tax lease financing for the construction of a vessel by Zamakona, involving stakeholders in Spain and Norway.
- Advised Deutsche Bank as lender on a €105m term and revolving facilities agreement with entities in Germany, Spain, and the Netherlands, including refinancing and working capital components.
Fieldfisher
Fieldfisher houses a team of lawyers capable of handling frequent instructions, especially in refinancing and structured finance mandates, from high-profile banks, credit funds, and institutional investors. The team is led by Jacobo Otero, who has amassed considerable experience in real estate finance and restructuring in both a domestic and international context. Javier Sánchez Sánchez is well-versed in acquisition finance, while Virginia González‘s practice centres on acting for debt funds and financial institutions in financing and refinancing deals.
Responsables de la pratique:
Jacobo Otero
Autres avocats clés:
Javier Sánchez Sánchez; Virginia González; María Valdecantos
Les références
‘A highly skilled team with extensive technical knowledge, a strong willingness to collaborate with clients, and a very deal-oriented approach. They demonstrate a friendly and approachable manner, along with a practical and straightforward approach to operations, seeking easy-to-understand solutions to complex problems.’
‘Jacobo Otero is a highly skilled professional, known for his technical abilities and his great empathy with clients and counterparties. This approachability and availability set him apart from other competitors. His commitment to the project, his willingness to help, and his ability to solve problems simply are key differentiators.’
‘Excellent team. Very well coordinated. Always available. Quick in their responses and rigorous in their analysis.’
Principaux dossiers
PwC Tax & Legal Services
PwC Tax & Legal Services offers a comprehensive banking and finance practice, advising on matters ranging from restructurings to acquisition and real estate financing. The team is led by Beltrán Gómez de Zayas, who has extensive experience advising financial institutions and investment funds. Iván Echevarría focuses on project finance, while Álvaro Pastrana specialises in restructuring mandates, including security enforcement and refinancing arrangements.
Responsables de la pratique:
Beltrán Gómez de Zayas
Autres avocats clés:
Iván Echevarría; Álvaro Pastrana; Emilio Aparicio; Beatriz Socias
Les références
‘Iván Echevarría is very technically skilled.’
Principaux clients
Satelio IoT Services
MyTripleA
Oleomatic Tecnoindustria, S.L.
Onate Finance
Izilend Gestión España (Mersey Funding SV)
Principaux dossiers
- Advised Sateliot, a Barcelona-based New Space startup, on a financing transaction of up to €30m granted by the European Investment Bank (EIB).
- Advised MyTripleA, a Spanish fintech platform, on a €30m financing transaction granted by BBVA Spark, aimed at accelerating the company’s growth and supporting the development of new investment and lending products for its fast-expanding user base.
- Advised Oleomatic Tecnoindustria, S.L., on the sale of the EQOfluids group through a structured M&A transaction involving a joint venture between seller and buyer, backed by equity and debt financing provided by a direct lending fund to support the acquisition of the target company.
ZADAL
ZADAL‘s banking and finance team is recognised for its extensive sector knowledge and acts for a diverse client base on real estate finance, acquisition finance, and debt restructuring matters. The practice is led by Antonio Paredes, who advises high-profile financial institutions, funds, and sponsors. Román Mejías handles corporate financing and debt restructuring mandates, while Elsa Errea is skilled in project finance.
Responsables de la pratique:
Antonio Paredes
Autres avocats clés:
Román Mejías; Elsa Errea; Joaquín Rodríguez; Nicolás Rodríguez
Les références
‘Zadal’s practice is characterised by its ability to combine in-depth technical knowledge with a practical approach to matters. This combination allows them to offer solid and realistic solutions, tailored to the specific needs of each client.’
‘Being a small firm gives them a clear competitive advantage: they can focus entirely on the client’s interests, always offering direct advice from senior lawyers. This ensures a close and personalised approach that is rarely found in larger firms.’
‘Another of their strengths is the flexibility in how they provide their services, including the option of working with fixed-price proposals. This formula offers clients security and peace of mind. In this respect, they compare very favorably with the competition, as they guarantee an excellent level of advice without exorbitant costs.’