Alfonso García Freire
Alfonso is counsel in the Banking Department of the Madrid office.
His experience includes advising major commercial banks, investment banks, financial institutions, private equity sponsors and corporate borrowers in relation to domestic and cross-border leveraged acquisition financings, financial restructurings, syndicated and bilateral loans, acting for both lenders and borrowers, securitization and DCM.
Alfonso is highly recommended as a Banking lawyer by Legal 500 as "next generation lawyer". He has also been described by clients as a lawyer having "proactive attitude, a hands-on approach' and 'remarkable project management skills".
Some representative examples of Alfonso's experience are advising:
- A syndicate of banks in connection with a €250 million multicurrency revolving credit facility extended on 28 July 2021 in favour of X-Elio.
- The lenders in connection with the issuance of Nordic bonds by Global Agrajes, S.L.U. (Fertiberia Group). The financing involved the amendment of the existing senior facility agreement granted by the lenders to the Fertiberia group and the execution of a new intercreditor agreement and security package.
- Banco Santander, S.A.in connection with a US$75 million credit agreement governed by the laws of the State of New York entered into among, inter alia, Nuevo Saturno S.A.C. as the Initial Borrower, Talesden Investments, S.L.U. as the Initial Guarantor, Banco de Crédito del Perú S.A. as Administrative Agent and Banco Santander, S.A. as Sole Lead Arranger and Bookrunner.
- Banco Santander, S.A. as lender in connection with a US$100 million margin loan to Cementos Argos S.A., as Colombian Borrower, and Argos USA, LLC, as U.S. Borrower. The loan is secured by shares in Grupo de Inversiones Suramericana SA and the proceeds of the loan will be used to finance the Borrowers' general corporate purposes.
- Banco Santander as Administrative Agent and the Lenders in connection with a US$200 million credit agreement governed by the laws of the State of New York, entered into by and between, among others, Acciona Financiación Filiales Chile SpA, as Borrower, Acciona, S.A., as Guarantor, CaixaBank, S.A., Mizuho Bank Europe N.V., Banco Bilbao Vizcaya Argentaria, S.A., New York Branch and Banco Santander, S.A. as Lenders and Banco Santander-Chile as Administrative Agent.
- Eurowag group in connection with financing up to €310 million provided by a club of banks for the refinancing of existing indebtedness (in particular from previous acquisitions), CAPEX, future acquisitions and general corporate purposes.
- Swissport Financing S.à r.l., a multinational cargo/airport ground services provider. Swissport sought new financing as part of a wider restructuring process comprising of amendments to an existing credit agreement dating from 2019, along with a new super senior facilities agreement to provide a €300 million interim facility. The White & Case team advising on the deal included Justin Wagstaff (New York), Martin Forbes, Nicola Chapman, Man Hay Yip, Sophie Riley and Liz Blum (London).
- The Bank of Nova Scotia, KfW IPEX-Bank GmbH, ING Capital LLC, MUFG Bank, Ltd., Sumitomo Mitsui Banking Corporation and Instituto de Crédito Oficial E.P.E. as lenders and issuing banks and MUFG Bank Ltd., as administrative agent and intecreditor agent in connection with the non-recourse first/second lien project financings of: (i) the US$217,000,000.02 financing for a 235 MW wind farm owned and operated by Ibereólica Cabo Leones II S.A. (Cabo II) located in Atacama, Chile (the Cabo II Project) and (ii) the US$103.2 million financing for a 101MWp solar PV power plant, owned and operated by GPG Solar Chile 2017 SpA (San Pedro) and located in Antofagasta, Chile (the San Pedro Project, and together with the Cabo II Project, the Projects).
- Financial entities and development banks in connection with the Abengoa restructuring and insolvency proceedings, which amounts to more than 6bn euro.
- The Bank of New York Mellon in connection with refinancing deals including credit facilities and bond issuances for an amount of aprox. 3bn.
- Allianz Real Estate and CaixaBank as lenders on a landmark real estate finance EUR 135,000,000 deal involving the building and development of the so-called "Fifth Tower" in the Madrid financial district.*
- CaixaBank and Deutsche Pfandbriefbank (pbb) on a EUR 170,000,000 facility extended in connection with the purchase of various office buildings in Madrid.*
(*) Experience prior to joining White & Case LLP