Raúl Fernández-Briseño | White & Case LLP International Law Firm, Global Law Practice
Raul Fernandez-Briseno
Raul Fernandez-Briseno

Raúl Fernández-Briseño

Partner, Mexico City

Raúl Fernández-Briseño is an experienced M&A lawyer with particular knowledge of the real estate, shipping, aviation and telecommunications sectors.

Overview

Raúl Fernández-Briseño is an experienced lawyer in the M&A and financing areas, with particular knowledge of the real estate, shipping, aviation and telecommunications sectors.

Raúl is a partner in the Firm's Global Mergers & Acquisitions Practice, based in Mexico City. He focuses on general corporate matters, complex mergers and acquisitions, bank financing, joint ventures and cross-border transactions across a broad range of industries. His experience covers real estate and equipment financing (such as shipping and aircraft), regulatory issues in the telecommunications, satellite, maritime and railway industries, and project finance related matters.

Raúl has developed a strong track record in M&A, asset financings and complex restructuring matters in the telecommunications, media and technology sector.

In 2016, Raúl was named by Expansión magazine as one of the "30 promises for a challenging year", recognizing young professionals that give innovative solutions to daily challenges.

Bars and Courts

  • Authorized to practice law in Mexico

Education

  • LLM, McGill University, (Montreal, Canada) Institute of Air & Space Law
  • Attorney at Law (Abogado), Instituto Tecnológico Autónomo de México

Languages

  • English
  • Spanish

Experience

US$326.5 Million Acquisition Financing for Grupo Industrial Saltillo, 2016

Raúl represented Banco Santander, HSBC Mexico and Bank of Nova Scotia as lead banks on US$326.5 million senior secured acquisition financing for Grupo Industrial Saltillo, as borrower. Grupo Industral Saltillo is a Mexican publicly traded company that designs, manufactures and markets various products for industrial and consumer sectors, including auto parts, flooring, water heaters and kitchenware. The financing consisted of a US$276.5 million term loan facility and a $50 million revolving credit facility. The proceeds of the term loan facility were used by GIS to finance its acquisition of the Infun Group (a Spanish manufacturer and distributor of automotive components), to pay certain related costs and to repay existing indebtedness.

Red Compartida, 2016

Raúl acted as leading counsel of Altán Consortium, a 10-company consortium led by Morgan Stanley Infrastructure, the International Finance Corporation and Grupo Multitel, (a Madrid based telecommunications firm) in connection with its bid in Mexico's historic international public tender process for the development and deployment of a shared wholesale telecommunications' services network (Red Compartida). This project is considered to be the largest telecoms project within the Administration of President Peña Nieto and one of the largest telecom projects in the history of Mexico.

Nafin Sale of Mexicana Assets, 2016

Raúl represented Nacional Financiera, a Mexican governmental bank, in the US$10.5 million sale of several assets under trust formerly owned by Compañía Mexicana de Aviación, (Mexicana), currently under an insolvency proceeding, to Jetran LLC. After complex corporate and financial structuring, the nine Airbus A320 aircraft and 17 engines were sold through an additional trust created by several governmental entities in order to benefit the former workers of Mexicana.

Estadio BBVA Refinancing, 2016

Raúl represented BBVA Bancomer, as administrative agent, lead arranger, security agent and lender and Scotiabank Inverlat, as lender and lead arranger, in an MXN$900 million (US$50 million) syndicated loan facility granted to a business trust. The proceeds of the loan were used for the refinancing of the construction of the stadium of Monterrey FC soccer club in Mexico.

Aeropuertos Mexicanos del Pacífico / Grupo Aeroportuario del Pacífico – hostile takeover bid by Grupo México, 2015

Raúl represented Aeropuertos Mexicanos del Pacífico (AMP), the controlling entity and strategic partner of Grupo Aeroportuario del Pacífico (GAP) in a dispute against Grupo México, before the Mexican Supreme Court regarding the validity of anti-takeover provisions contained in GAP's by-laws. GAP is a public company listed on both the Mexican and the New York Stock Exchanges that operates 12 airport concessions in Mexico. The Supreme Court decision confirming the validity of the by-laws is a historic decision by Mexico's judicial branch since it is the first time the Supreme Court reviewed a case regarding the application of the Stock Exchange Law (enacted in 2006).

The Bank of Nova Scotia US$ 90 Million Syndicated Fixed Asset Loan Facility, 2015

Raúl represented Scotiabank Inverlat, as administrative agent, sole lead arranger, security agent and lender in a US$ 90 Million syndicated fixed asset loan facility granted to Ragasa Industrias and Ragasa Inmuebles, one of the leading producers of cooking oil and other related products in Mexico under the brand "Nutrioli" among others. The facility involves an initial disbursement of US$30 million, with the possibility to increase the facility for an additional amount of up to MXN$ 987 Million (US$60 Million). The proceeds of the loan will be used to build a new Refinery Plant and Mill, assets that have been granted as security for the loan.

BlackRock's Acquisition of I Cuadrada, 2015

Raúl represented BlackRock Inc. in the acquisition of Infraestructura Institucional, (I Cuadrada), a Mexican leading independently managed firm in Mexico which invests across a broad range of infrastructure projects in Mexico. The transaction required certain regulatory and corporate approvals, including antitrust clearance.

The Bank of Nova Scotia MXN 800 Million (US$60 Million) and US$8 Million Syndicated Facilities, 2015

Raúl represented The Bank of Nova Scotia (Scotiabank Inverlat) as administrative agent and lender in a MXN 800 million (US$60 million) syndicated facility granted to Centennial TWR México, and in a concurrent facility (through Colpatria) of US$8 million to Centennial Colombia. Both borrowers are private companies providing lease space in sites for the installation of telecom antennas and other transmission equipment. The borrowers' primary customers are the major telephone carriers. The proceeds of the loans will be used to refinance existing debt, finance the acquisition of new sites and fund working capital.

Otay-Tijuana Venture, L.L.C. US$70 Million Syndicated Loan Agreement, 2014

Raúl represented Otay-Tijuana Venture, L.L.C. as borrower in a US$70 million syndicated loan agreement entered into with lenders Banco Invex, Institución de Banca Múltiple, Invex Grupo Financiero and Banco Nacional de Comercio Exterior. The purpose of this transaction was to finance the construction of a pedestrian bridge connecting Tijuana International Airport with a terminal in San Diego, California, allowing passengers to cross between Mexico and the United States without having to use the current international border. The bridge will be the first of its kind worldwide, connecting one of the busiest international borders in the world.

Offshore Drilling Holding issuance, 2013

Raúl represented Citigroup Global Markets and Credit Suisse Securities (USA) as global coordinators, joint book runners and initial purchasers, and Deutsche Bank Securities Inc. and Santander Investment Securities Inc. as joint book runners and initial purchasers, in connection with the issuance by Offshore Drilling Holding of US$950 million 8.375% senior secured notes due 2020. This deal was selected as "Mexico Infrastructure Deal of the Year" by Latin Finance. Offshore Drilling Holding is an offshore drilling company which owns and operates a fleet of state-of-the-art offshore drilling units.

Banco Nacional de México, 2012

Raúl represented Banco Nacional de México (Banamex) in a US$11.5 million reopening of a US$192 million facility granted to Mexican vehicles owned by Mexico Retail Properties I, to be used for the construction and operation of ten shopping centers throughout Mexico. Investment fund Mexico Retail Properties I is part of MRP Group and Black Creek Group. Later, in 2013, Raúl represented Banamex in the transfer by the MRP Group of two large projects' portfolios to FibraUno.

Speaking Engagements

Panelist at the conference "Fintech: The Banking Revolution," organized by the School of Law of the Instituto Tecnológico Autónomo de México (ITAM) together with recognized startup entrepreneurs and fintech investors. (Mexico City, May 8)

Panelist, "The Future of the Air Industry, Freedoms of the Air", 2014 Aviation Law Congress organized by ITAM (Instituto Tecnológico Autónomo de México). (Mexico City, August 28, 2014)

Publications

  • Sector Report: Mexico's Telecommunications Services, North American Free Trade & Investment Report, WorldTrade Executive, Inc., February 2002
  • Mexico's Sectors: Telecommunications Services, Mexican Forecast, WorldTrade Executive, Inc., February 2002