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Joan Martinez is an associate in the Firm's Energy, Infrastructure, Project and Asset Finance group at White & Case in New York. Her practice focuses on domestic and international project and asset finance transactions and other corporate transactions.
Representation of ACS Infrastructure Development, Balfour Beatty Investments, Bombardier Transportation, Fluor Corporation and Hochtief PPP Solutions in connection with their successful bid for and financial close of the APM project of the LAX Landside Access Modernization Program. The financing consisted of a combined bank/bond structure with US$1.2 billion of private activity bonds, which were rated investment grade by Fitch combined with a US$270 million, five-year construction facility provided by commercial banks. The project was awarded "Best Transit Project" at P3 Bulletin's 2018 P3 Awards and "Americas P3 Deal of the Year" at the 2018 PFI Awards.
Representation of ING Capital LLC as loan agent and lender in connection with the aircraft non-payment insurance (ANPI) financings of Boeing aircraft for a Korean airline and a Bermudan aircraft-leasing company. The transactions were the first time commercial insurance was used as an alternative to a guarantee from the Export-Import Bank of the United States and the first cargo aircraft to be financed with ANPI Support.
Representation of Abu Dhabi Crude Oil Pipeline LLP, a wholly owned subsidiary of Abu Dhabi National Oil Company (ADNOC), on the inaugural issuance of $3 billion senior secured bonds. The Rule 144A/Regulation S bonds were the first capital markets issuance by the ADNOC group and part of ADNOC's program to monetize its mid-stream assets. The bond issuance was also one of the largest non-sovereign bond issuances in history in the Middle East.
Representation of Calpine Corporation, America’s largest generator of electricity from natural gas and geothermal resources, in its US$17 billion sale to Energy Capital Partners, an energy-focused private equity firm, and a consortium of investors including Access Industries and Canadian Pension Plan Investment Board.
Representation of Deutsche Bank AG New York Branch as administrative agent in connection with the refinancings of a US$1.175 billion term loan facility of a management consulting firm.