The Spanish NPL market – where deals have an average value of up to €1.5 billion – has become increasingly sophisticated with portfolios packaged to attract specialist investors
Bird & Bird advised Swedish company Quartiers Properties on a joint venture agreement for the development of a “luxury hotel” in Marbella.
Lisbon law firm Macedo Vitorino & Associados advised former Benfica and Sporting Clube de Portugal coach Jorge Jesus on his move to Saudia Arabia’s Alhilal Saudi Football Club.
Allen & Overy advised mezzanine finance firm Intermediate Capital Group (ICG) on the acquisition of Madrid-headquartered Suanfarma.
Pérez-Llorca advised UK-based packaging business DS Smith on the acquisition of Spain-headquartered Europac, which instructed Uría Menéndez and DLA Piper.
Campos Ferreira, Sá Carneiro & Associados advised PSA Sines – Terminais de Contentores on a term and revolving credit facility made available to it by a syndicate of four Portuguese banks led by Banco BPI.
Vieira de Almeida (VdA) has entered into a partnership agreement with Cameroonian law firm Core Africa Lawyers.
Clifford Chance’s former head of banking and finance in Spain, Alberto Manzanares, has joined Ontier as counsel.
MLGTS advised construction company Teixeira Duarte on the sale of the business park Lagoas Park to private equity fund Kildare.
Garrigues acted for food producer Covap on the acquisition of a milk plant in Meira, Lugo from Leche Celta.