Pérez-Llorca is often called upon by an array of financial institutions and issuers looking for guidance in complex, high-value debt capital markets matters. The team’s broad service offering encompasses domestic debt issuance programmes, standalone bond issues, and high-level securitisation deals, such as STS and SRT prime securitisations. Widely recommended by clients and peers alike, practice head Carlos Pérez Dávila ‘is extremely experienced in the securitisation and structured credit sectors’. The group was recently reinforced by the addition of Yolanda Azanza, a senior figure in the Spanish capital markets space, from Clifford Chance in July 2023; she brings over 25 years’ experience in acting for issuers and placement banks in bond issuances, commercial paper programmes and regulatory capital instruments, among other mandates. Counsel Gabriel Salarich, who also joined from Clifford Chance in early 2023, boasts a strong background in high-yield deals and in the establishment of debt programmes and securitisation funds.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Carlos Pérez Dávila is very well-connected and extremely experienced in the securitisation and structured credit sectors.'
‘Carlos Pérez and his team already had a strong practice, the new additions consolidate it as a top-level team.’
‘Carlos Perez, Yolanda Azanza, and Gabriel Salarich always provide close, technical, and practical treatment.’
‘Absolute dedication of the partner, Pérez Dávila, to each transaction. He manages a large team, but is personally involved in every aspect of transactions. The team led by Pérez Dávila does not detract one bit from what would be expected from any Magic Circle firm - with the addition of being a firm with great knowledge of the Spanish market and the right relationships.’
‘I worked with the Pérez-Llorca team on a securitisation. They were a pleasure to deal with, liaised with the client effectively, and were thoughtful and constructive when discussing legal questions.’
‘Carlos Pérez Dávila is the partner with whom I've worked the most. He is, like the rest of the PL team, responsive, pragmatic and very collaborative. He also thinks carefully about the issues and comes to sensible and well-considered conclusions.’
Key clients
- CarVal
- Balbec
- Deutsche Bank
- Banco Santander / Santander Consumer Finance
- Fútbol Club Barcelona
- Deva Capital
- Mediterráneo Vida de Seguros y Reaseguros (MedVida)
- Capital Energy
- JZ International
- Volotea
- Natixis
Work highlights
- Advised Santander Consumer Finance (SCF) on the €707m securitisation of Spanish auto loans granted by SCF (Project Sol).
- Advised Fútbol Club Barcelona on the securitisation of its future revenues associated with its stadium (Camp Nou).
- Advised Tikehau Capital on the growth financing granted to the Amazon brand aggregator Your Amazing Brand Amplifier (YABA) through a subscription agreement of guaranteed and secured floating notes.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Pérez-Llorca
Carlos Pérez Dávila has extensive experience in the finance sector, having advised financial institutions, funds, corporations and multinational companies throughout his professional career, on all types of DCM transactions, including securitisations, structured finance transactions, issues of corporate bonds, regulatory capital, high yields and mortgage market instruments, as well as on portfolio acquisitions, including distressed assets.
Practice head
The lawyer(s) leading their teams.
Carlos Pérez Dávila