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Federico's practice includes, among others, capital markets, project financing, government procurement, regulatory and banking, corporate finance, as well as the implementation and development of infrastructure projects, including public-private partnerships, electricity, gas, petrochemicals and water, and aircraft financing.
During 2014 and 2015 he was assigned to the New York office of White & Case LLP, as a foreign associate. Federico has vast knowledge in project financing deals and in the structuring of aircraft financing transactions.
Federico represented Banco Mercantil del Norte (Banorte), acting through its Cayman Islands Branch, as issuer in the Rule 144A/Regulation S offering of US$500 million in aggregate principal amount of its 5.750% subordinated preferred capital notes due 2031.
Representation of Hess Corporation in connection with the refinancing of a 350 MW gas-fired power plant located in Bayonne, New Jersey.
Representation of The Export-Import Bank of Korea and The Bank of Tokyo-Mitsubishi UFJ, Ltd., Mizuho Bank, Ltd., Natixis, New York branch, and Sumitomo Mitsui Banking Corporation as mandated lead arrangers and lenders, in connection with the design, engineering, procurement, construction, financing, ownership, operation and maintenance of Kelar S.A., an up to 517 MW combined-cycle gas power plant located in the province of Antofagasta, Chile. This matter was named "Latam Power Deal of the Year" in Project Finance International's annual Year Book 2014.
Representation of Jackson Square Aviation in connection with the sale-leaseback to Avianca of one Boeing model 787-8, one Airbus model A321 and two Airbus model A320 aircraft and with the lessee-side novation of one Airbus model A320 aircraft.
Representation of BOC Aviation in connection with the US Ex-Im Bank supported financing and delivery of eleven new Boeing 737-800 aircraft with MSNs 39817, 39639, 39640, 39826, 39827, 39832, 39835, 39837, 39839, 61294 and 39876. These new aircraft were a replacement aircraft under four different US Ex-Im Bank supported financings granted by: (i) Citibank, N.A. in 2009 and 2010, (ii) TD Bank, N.A. in 2011, and (iii) Apple Bank for Savings in 2012. The transaction included the release and sale of MSNs 36608, 36694, 36695, 37422, 37953, 36698, 37957, 37958, 37959, 38683 and 38684 of the facilities, and the replacement with the new aircraft. The Aircraft were delivered to a Cayman SPV, and depending on the jurisdiction of each operating lessee, leased to a French, Singaporean or Irish head lessor, and further subleased to different airlines, including PT Lion Mentari, VRG Linhas Aereas S.A., Malindo Airways Sdn. Bhd., and PT Batik Air Indonesia.
Representation of CIT Group in connection with the novation of the existing operating lease and additional subleasing of three Boeing model 737 aircraft with MSNs 37816, 37817 and 39444. These aircrafts are under a US Ex-Im Bank financing by Private Export Funding Corporation. The aircraft were initially leased by CIT Aerospace International to Air Shuttle ASA, and were novated to Drammensfjorden Leasing Limited, and further subleased to Norweigan Air Norways AS.
Representation of CIT Group in connection with the US Ex–Im Bank supported financing and delivery of one Boeing model 787-8 aircraft with MSN 37166. The new aircraft was a replacement aircraft under two different US Ex-Im Bank supported financings granted by Private Export Funding Corporation in 2011 and 2012. The transaction included the release and sale of MSNs 37818, 38128 and 37820 of the facilities, and the replacement with the new aircraft. The Aircraft was delivered to Rita Leasing Limited, an Irish SPV, leased to CIT Aerospace International, and further subleased to Alia – The Royal Jordanian Airlines plc.
Representation of BNP Paribas S.A. acting through its wholly-owned SPV as lessor, in the structuring and negotiation of the U.S. Ex-Im Bank supported financing of two Boeing model 787-8 aircraft to the Colombian airline Avianca utilizing a French tax lease and representation of TD Bank, S.A. and BNP Paribas S.A. in their capacity as lenders in the guaranteed loan granted to the lessor.
Representation of BlackRock Inc. and First Reserve, in their acquisition of 45%of TAG Pipelines Sur, a company incorporated as a joint venture between PEMEX and GDF Suez, which is currently developing the Ramones Phase II South Natural Gas Transportation System and 45% of TAG Norte Holding, a company incorporated as a joint venture between PEMEX and Sempra's Mexico unit (IEnova), which is currently developing the Ramones Phase II North Natural Gas Transportation System. This transaction constitutes the first major PEMEX-sponsored midstream asset to be built in partnership with foreign capital since the approval of Mexico's historic Constitutional Energy Reform in 2013. This is the largest gas transportation system built by Mexican government in the last 40 years.
Representation of Chrysler Group, LLC in obtaining a MXN $ 3,000 million loan for the construction of new facilities in Mexico.