Diego Hernández-Sampelayo Lara
Diego Hernández-Sampelayo is an associate in the Corporate Department of the Madrid office. Previously, Diego was an associate in the Capital Markets Practice in our Mexico City office.
His practice focuses on national and cross-border transactions related to debt issuances and securitizations, capital markets, financial and banking transactions, as well as loans, general corporate matters, mergers and acquisitions, and legal due diligence procedures. Diego has wide experience in debt capital markets, and has provided legal advice to national and cross-border private companies, credit institutions and public entities of the Mexican Federal Government.
Adler Pelzer Holding GmbH on the issuance of €75 million 4.125% senior secured notes due 2024, to be added to its outstanding €350 million 4.125% senior secured notes due 2024, issued pursuant to Rule 144A and Regulation S under the US Securities Act. The notes will be listed on the Euronext Dublin Global Exchange Market.
AI Candelaria (Spain), S.A. in an offering of US$600 million in aggregate principal amount of its 5.750% senior secured notes due 2033 and a purchase of US$375 million in aggregate principal amount of its 7.500% senior secured notes due 2028 pursuant to a tender offer. The offering of the new notes and the tender offer were structured to constitute an intermediated exchange offer, with Credit Suisse acting as purchaser of the existing notes. AI Candelaria used the remaining funds from the note offering (i) to pay a portion of the purchase price for its acquisition of an additional 5% interest in Oleoducto Central S.A., owner and operator of the largest crude oil pipeline in Colombia, (ii) to pay premiums, fees and expenses in connection with the tender offer and consent solicitation and the note offering and (iii) for general corporate purposes. AI Candelaria is a Spanish holding company whose primary asset is an ownership interest in Oleoducto Central S.A..
Nordic Capital Fund VIII portfolio Cary Group in its acquisition of Auto Cristal Ralarsa, a Spanish chain of vehicle repair and replacement workshops.
PayJoy Mexico, S.A.P.I. de C.V. ("PayJoy"), as borrower, in connection with a US$70 million secured structured financing facility by Arc Labs Opportunities Fund I, LP (through a Mexican vehicle in the form of a non-regulated SOFOM) to finance eligible contracts that will be originated by PayJoy. The refinancing involved the inclusion of certain terms and conditions applicable solely during the COVID contingency, which will allow PayJoy flexibility and relief in the origination of eligible contracts. The financing is secured through receivables originated by PayJoy transferred to an administration trust acting as source of payment, as well as a floating pledge on PayJoy's beneficiary rights under such trust. PayJoy is a non-regulated company with a special focus on emerging markets whereby, through its mobile locking technology, their clients are able to purchase new smartphones on installment payments and to get cash loans, using their smartphone as collateral.
Banco Santander (Mexico) and Casa de Bolsa Santander (Mexico), in the implementation of a long term debt certificates program, under which Casa de Bolsa Santander will be able to create several issuing trusts that will acquire certain financial assets, either credit agreements, negotiable instruments or securities, in charge of "AAA" rated foreign companies that have securities registered, authorized or regulated for its sale to the public by commissions that are members of the International Organization of Securities Commissions (IOSCO). The program was authorized by Mexico's National Banking and Securities Commission, for an amount of up to MXN$35 Billion, or its equivalent in US Dollars, Euros, Great Britain Pounds or Units of Investment, and has a maturity of 5 years.
Comisión Federal de Electricidad (CFE) as special Mexican counsel in the issuance of its 4.05% notes due 2050 (the Formosa Bond), for an amount of US$900 million. The Formosa Bond was sold outside of Mexico and the United States to non-US persons, was listed on the Taipei Exchange (to be listed on the Luxembourg Stock Exchange) and settled through Euroclear and Clearstream. The Formosa Bond was rated Baa1 by Moody's, BBB+ by S & P and BBB by Fitch. HSBC Bank (Taiwan) Ltd., BNP Paribas SA, Taipei Branch and Deutsche Bank AG, Taipei Branch, acted as managers for the Formosa Bond.
Goldman Sachs & Co. as sole global bookrunner and joint structuring agent on an innovative, multicurrency, multi-tranche, structured refinancing of nine commercial real estate developments operated by Grupo GICSA, S.A.B. de C.V., a leading investor, developer and operator of premium shopping centers, corporate office buildings and mixed-use properties in Mexico. As part of the refinancing, nine of Grupo GICSA's properties were transferred and consolidated into Trust 2400 - Banco Actinver, S.A., Institución de Banca Múltiple, Grupo Financiero Actinver, acting as trustee under the Fideicomiso Irrevocable y Traslativo de Dominio Número 2400 (the issuer trust), a Mexican irrevocable trust created to own and operate the properties in Mexico. These transactions represented a first-of-its-kind structure for cross-border real estate finance in Mexico.
Aeroméxico in the securitization of collection rights derived from airline ticket sales paid through credit cards and processed by BBVA, Banorte, Citibanamex and Santander (as acquirer). He also represented Aeroméxico in the registration of an issuance program of trust debt certificates (certificados bursátiles fiduciarios) for a maximum amount of MXN 7 billion (approximately US$363.7 million).
FIRA on its first landmark green bond issuance (FIRA 18V) of debt certificates (certificados bursátiles) The amount of the issuance was MXN 2.5 billion with a maturity of 3 years. It was publicly offered in the Mexican securities market and locally registered with the National Banking and Securities Commission (CNBV). The proceeds of the green bond issuance were allocated to projects that have a positive ecologic impactThis issuance was one of the first green bond issuances carried out in the Mexican stock market, and was also the first green bond issuance offered by FEFA.
Banorte in several offerings and issuances of fiduciary structured debt certificates in the Mexican market, referred to underlying assets consistent in foreign securities.