Capital Markets: Equity
Global Guide 2024 : Spain
Band 2
Contact number
+34 91 514 5200Chambers Review
With its wide-ranging offerings across DCM and ECM, Garrigues provides holistic services to its clients. The law firm regularly advises on commercial paper programmes and complex bond and note issuances, assisting well-known international financial institutions. Additionally, the firm has expertise in securitisations including large ABS transactions. In addition to its strength in DCM, Garrigues handles ECM mandates including capital increases, listings of SOCIMIs and other equity-related work. While Madrid-based, the team regularly works on cross-border cases facilitated by the law firm's own international office structure and cooperation with other international law firms.
Work Highlights
- Garrigues advised Banco Bilbao Vizcaya Argentaria on establishing its large-value covered bonds programme.
Strengths
Provided by Chambers
"They have understood the needs we had. They have the knowledge in the subject matter and high accessibility."
"They have a lot of experience, profound knowledge of the market, the structuring tools and the alternatives."
"We can work fast-paced and they make themselves available."
"They find simple solutions to very complex problems."
"They summarise their recommendations on risk to me, which is useful."
"They have understood the needs we had. They have the knowledge in the subject matter and high accessibility."
"They have a lot of experience, profound knowledge of the market, the structuring tools and the alternatives."
"We can work fast-paced and they make themselves available."
"They find simple solutions to very complex problems."
"They summarise their recommendations on risk to me, which is useful."
Notable Practitioners
Gonzalo García-Fuertes remains a trusted adviser due to his expertise in complex debt capital markets mandates ranging from green and project bonds to CMBS transactions and commercial paper programmes. He has additional experience in ECM mandates, including accelerated bookbuilding and capital increases.
"He's an excellent problem solver and delivers great quality of service."
"He has a deep knowledge and expertise."
José Luis Palao Iturzaeta regularly advises prominent domestic and international clients on ECM as well as DCM mandates. His broad practice covers IPOs as well as EMTN programmes and bond issuances.
"Jose Luis knows a lot about capital markets."
Álvaro López-Jorrín is recognised for his experience in equity capital markets transactions, especially those involving listings of companies and share repurchase programmes. He acts for prominent clients from the insurance industry and SPACs.
"He is technically strong, commercially empathetic, and manages the team very well."
"He has deep knowledge and a strong commitment to the client."
Marta López-Brea acts for several of Spain's main banks on the securitisation of mortgage and auto loans as well as green securitisations. She also assists with the incorporation of securitisation funds.
"Marta knows her business, the law and her clients."
"She is always ready to assist."