CC with Metro Ligero Oeste on its refinancings in Spain

Clifford Chance has advised Metro Ligero Oeste on the refinancing of its existing
debt by means of a Spanish law senior facilities agreement. The project’s cash flow is
supported by its operational excellence and robust track record of KPI achievements
together with good financials and has driven strong interest from significant investors
in Europe, US and Asia.

Metro Ligero Oeste is the concessionaire of the ML2 and ML3 light railway lines
that connect Madrid and the cities of Boadilla del Monte, Alcorcón and Pozuelo de
Alarcón to the Madrid Region underground, suburban rail and bus network, one of the
city’s most important light railway lines.

Clifford Chance’s multijurisdictional team was led by Global Financial Markets partner
José Guardo who was supported by counsel María Sabau and associates Juan Puras
and Angel Muñoz (the team is in the picture from left to right).
The Global Financial Markets team dealing with crossborder aspects of this
transaction also included partner Bas Boris Visser and associates Victor ten Have and
Niels Kuil from the Amsterdam office