Cancio Covas & Santiago LLP

Corporate Finance, Banking, Real Estate, Administrative Law, Securities.

Propietary Partner

Born in San Juan, Puerto Rico, July 17, 1969; admitted to Bar, 1996, Puerto Rico. Mr. Covas has participated to varying degrees in transactions for the issuance of municipal bonds, 501(c)(3) tax-exempt hospital revenue bonds and tourism revenue bonds, as well as participated in the negotiation and drafting of closing documents for complex real estate transactions, stock and asset acquisitions, mergers, and joint ventures, including the acquisition of the Caribe Hilton Hotel by Hilton International, and a number of lease-backed government-sponsored real estate development projects for use by global research and development, IT, and manufacturing companies. Mr. Covas has also worked with clients in organizing corporations, planning and implementing corporate recapitalizations, spin-offs’ and other corporate restructurings and participated in negotiations and drafted documents in connection with the privatization of government assets and services, including representing the government of Puerto Rico during its initial efforts to privatize the public health system. He has prepared and negotiated loan and security documents as well as repurchase and purchase and sale documents for collateralized notes and other securities for the corporate banking, structured finance, investments, asset based lending and workout divisions of the largest commercial bank in Puerto Rico, including trades and workouts of distressed loans, leveraged buy-outs, and project financings.

Spanish and English

Bar Association of Puerto Rico

Colegio Notarial de PR

American Bar Association

University of Massachusetts at Amherst, MA and University of Puerto Rico, Rio Piedras Campus, Puerto Rico (B.S., Cum Laude, 1992)

University of Puerto Rico School of Law, Rio Piedras, Puerto Rico (J.D., 1995)