Joan Martinez is an associate in the Project Development and Finance practice. Joan has experience in projects and asset finance transactions and other corporate transactions.
ACS Infrastructure Development, Balfour Beatty Investments, Bombardier Transportation, Fluor Corporation and Hochtief PPP Solutions in their bid for and financial close of the Automated People Mover project of the LAX Landside Access Modernization Program. The project involves six rail stations connecting new rental car, airport parking and Metro facilities to the airline terminals, as well as three stations in the Central Terminal Area. The financing consisted of a combined bank bond structure with $1.2 billion of private activity bonds, which were rated investment grade by Fitch combined with a $270 million, five-year construction facility provided by commercial banks.
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.
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.
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.
Waypoint Leasing, the largest independent global helicopter leasing company, in various aircraft finance transactions in connection with its secured revolving credit and term loan facilities.