Debt issuances and commercial paper programmes feature heavily on Baker McKenzie‘s debt capital markets workload, which is further populated by refinancings. Instructions come from a broad roster of issuers, managers, and financial entities who seek advice on domestic and cross-border debt offerings. Fernando Torrente, who is now leading the Madrid-based capital markets and M&A groups, joined from A&O Shearman in July 2023. Focused on M&A, ECM and DCM deals, Carlos Martín is another name to note for domestic and cross-border capital markets transactions.
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Key clients
- Adient Ltd.
- Alquiber Quality, S.A.
- Sixth Street Partners, LLC
- Secuoya Grupo de Comunicación, S.A.
Work highlights
- Advised Adient and its Spanish subsidiaries on the issuance of $500m in senior secured notes and $500m in aggregate principal amount of senior unsecured notes to redeem in part its existing senior unsecured notes due in 2024 and to prepay a portion of the loans outstanding under its existing term loan credit facility.
- Acting as Spanish and Luxembourg legal counsel to the investors (noteholders) in connection with the refinancing of shareholder loans for an aggregate amount of €520m made by Sixth Street to a joint venture entity (owned by Fútbol Club Barcelona and an investment vehicle of Sixth Street) for the acquisition of a 25% ownership interest in the audiovisual rights of FCB relating to its participation in LaLiga, by means of a US private placement of debt securities for an amount of €305m.
- Advised Alquiber Quality on the renewal of its commercial paper programme in the Spanish Alternative Fixed-Income Market (MARF) with a maximum outstanding balance of €30m.
Practice head
The lawyer(s) leading their teams.
Fernando Torrente