Mercado de valores

A highly specialized team advising corporate clients and financial institutions on designing and implementing debt and equity transactions on the Iberian Peninsula and in Latin America

We advise on takeover bids, securities issues and placements, and IPOs, as well as on corporate governance, transparency and market abuse. We provide legal advice on structuring, formalizing and implementing structured and non-structured fixed-income issues, as well as on national and international securitization transactions.

Our clients include the main players on the market, including major financial institutions and companies, and we have participated in the main capital markets transactions in the countries where we are present.

• Equity capital markets: we assist companies, and controlling and significant shareholders during all stages of stock market flotations. Our specialists have participated in transactions in all business sectors and work closely with experts in other relevant areas for each transaction (e.g., administrative, competition and tax) to offer a comprehensive and tailormade service for each case.

  We represent offerors and companies subject to takeover bids, as well as advising on mergers and other structural modifications of listed companies (public M&A).

  We have participated in many capital increases, and convertible and exchangeable bond transactions, helping many companies to amend the terms and conditions of their debt issues.

  We also advise companies that consider BME Growth (the Spanish alternative stock market) an opportunity for growth.

  In the field of corporate governance, we advise major listed companies and work with national supervisors in relation to the constant developments in this area and the need to adapt to the requirements of institutional investors.

• Debt capital markets: our practice is one of the most established on the market. We advise on the issues and placements of all types of securities and fixed-income instruments (including simple and subordinated bonds, special debentures, promissory notes, warrants, preferred shares or stock, convertibles and mortgage and high-yield bonds). We also advise on commercial paper programs and on OTC derivatives and financial securities. 

  We carry out all types of securitization transactions, advising originators, as well as management companies, rating agencies and underwriting banks. We actively participate in the structuring of receivables financing through conduits abroad, as well as in financing transactions involving credit assignment.

  Thanks to our large and experienced team of experts, we are national leaders in the various types of securitization transactions, offering comprehensive advice throughout the process. We have extensive experience in securitization transactions with an international component. 

  Our team also has ample experience in bonds and securities issues, as well as in the registration of commercial paper programs in the Spanish Alternative Fixed-Income Market (MARF) and in markets in other jurisdictions (including Austria, Germany, Luxembourg and Ireland).