Fernando Navarro

Partner, Madrid

Biography

Overview

Fernando Navarro is a partner in the EMEA Banking Team and head of the Madrid Banking Group.

His practice focuses on a wide variety of financing transactions through syndicated and bilateral loans, acting for both lenders and borrowers, as well as on derivatives, structured products, securitisation and DCM. He has also participated in a number of portfolio disposals acting for numerous Spanish and international banks and funds.

Fernando has vast experience in asset finance, trade finance, aviation finance and project finance.

Fernando is highly recommended as a Banking lawyer by Chambers where he is mentioned as being capable to translate "questions of great legal and technical complexity to a commercial and easily intelligible level" and by IFLR1000 where is rated as "highly regarded".

Bars and Courts
Solicitor, England and Wales
Spain (Abogado)
Education
Bachelor of Laws
Legal and Business Administration
Universidad San Pablo CEU

Madrid

The College of Law

London, courses for QLTT

IESE Business School

Program on Management for Law Firms

Languages
Spanish
English

Experience

The lenders under a bridge facility and a RCF and the initial purchasers of the Notes issued to refinance the bridge facility in connection with the financing of the EUR 350,000,000 delisting takeover bid over Telepizza. 

Bank of America Merrill Lynch in connection with several senior unsecured facilities to (i) Criteria Caixa, (ii) CIE Automotive, (iii) Acciona and a revolving credit facility to Repsol.

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.

Morzal Property Iberia, as borrower, under a facility agreement entered into with Natixis for the partial acquisition of four large shopping centres in Spain: El Faro (Badajoz), Vallsur (Valladolid), Bahía Sur (Cádiz) and Los Arcos (Seville), from Unibail-Rodamco-Westfield, and on the subsequent refinancing deal entered into with Aareal Bank AG of the former facility agreement in September 2018. This transaction has been the largest real estate transaction in Spain during 2018 (according to a public study published by BNP Paribas on the Spanish real estate market).

The dealers in connection with the renewal of the EUR 15 bn EMTN and EUR 10bn ECP programmes of Santander Consumer Finance.

JPMorgan as initial sole purchaser of EUR 450,000,000 covered bonds issued by Santander Consumer Finance.

The arrangers on the RMBS securitisation by Unión de Créditos Inmobiliarios (UCI) (a company owned by Santander and BNP) under the FTs Prado III, IV, V and VI.

 The lenders on the financing of the EUR 23bn takeover bid by Enel and Acciona over Endesa, one of largest takeover bids in Spain ever.

All major Spanish financial insitutions on the legal structuring of the EUR 30bn Fund for Financing Payments to Suppliers – FFPP. The FFPP is a fund the Spanish government created to pay-off the pending debts of local entities and autonomous regions; it is the largest financing transaction of this type in Spain's history.