Mr Rodrigo Castelazo > Creel, García-Cuéllar, Aiza y Enríquez, S.C. > Mexico City, Mexico > Lawyer Profile

Creel, García-Cuéllar, Aiza y Enríquez, S.C.
TORRE VIRREYES, PEDREGAL 24, 24TH FLOOR
COL. MOLINO DEL REY
MEXICO CITY, 11040
Mexico

Work Department

Banking and Finance, Bankruptcy and Restructuring, Capital Markets and Private Equity.

Position

Rodrigo Castelazo is a partner with Creel, García-Cuéllar, Aiza y Enríquez, S.C., in Mexico City, His practice focuses on Banking and Finance, Bankruptcy and Restructuring, Capital Markets and Private Equity.

Mr. Castelazo regularly advises a wide array of clients in complex capital markets and structured finance transactions, as well as in restructuring processes in Mexico. In recent years, Mr. Castelazo has worked on some of the most innovative financial transactions in Mexico, including the first ever co-investment fund established between Mexican pension funds and CDPQ, one of Canada’s largest pension funds, through the largest public offering of equity development certificates (CKDs) to date, three of the largest real estate investments trust (FIBRA) IPOs in Mexico, and one of the first-ever debtor in possession financings under the Mexican insolvency statute. Most notably, Mr. Castelazo has been very active in the Mexican private equity market by advising Mexican and international sponsors in establishing their respective Mexican CKD funds through public listings of CKDs in Mexico, including Riverstone, Prologis, Walton Street Capital, Finsa, Interacciones and Planigrupo.

In capital markets, Mr. Castelazo has advised issuers and underwriters in multiple domestic and global equity offerings, including working on IPOs (and follow-ons) by Ienova, FIBRA Macquarie, Terrafina and FIBRA Prologis. In the realm of banking and finance, Mr. Castelazo regularly advises global and domestic financial institutions in financings to Mexican companies or with a Mexican component. Recently, he participated in the first four unsecured real estate revolving financings in Mexico, an innovative financial product that has increased the financing options available for Mexican real estate companies and trusts. Mr. Castelazo has also represented creditors and debtor-in-possession finance providers in some of Mexico’s largest insolvencies in recent years, including Vitro, Comercial Mexicana and Homex.

Mr. Castelazo has been ranked or cited in capital markets and banking and finance by many publications, including Chambers and Partners, The Legal 500, and IFLR 1000. In 2014 and 2015, Mr. Castelazo was awarded the exclusive Client Choice Award for Securitization and Structured Finance, and again in 2016 he was awarded the Client Choice Award, this time for Capital Markets.

Career

Foreign Associate in the New York office of Sidley Austin, LLP. He is a professor at the Universidad Iberoamericana, where he teaches the course “International Financial Law”.

Languages

Spanish and English.

Memberships

Mr. Castelazo is a member of the New York Bar and the International Bar Association (IBA).

Education

Mr. Castelazo obtained his law degree (JD) from the Universidad Iberoamericana in Mexico City where he obtained the distinction of Excelencia Académica and an LL.M degree from Harvard Law School in Cambridge, Massachusetts. In addition he obtained a post-graduate law degree in International Financial Law from the Universidad Panamericana in Mexico City.

Lawyer Rankings

Mexico > Capital markets

(Leading individuals)

Rodrigo CastelazoCreel, García-Cuéllar, Aiza y Enríquez, S.C.

A ‘pioneer in Mexico‘ where it has stood at the forefront of capital markets practice for over 20 years, Creel, García-Cuéllar, Aiza y Enríquez, S.C. receives particular praise for its 35-lawyer team. Acting for issuers, sponsors, structuring agents, underwriters, pension funds (AFORES), investment funds, rating agencies, arrangers, placement agents and financial guarantors, among others, it has proved an unequalled performer in first-of-its-kind transactions such as CKD listings and the initial operations for mortgage REITs, master limited partnership Fibra-Es, and CERPIs. An ‘excellent leader‘, high-profile group head and senior partner Carlos Aiza remains one of the most sought-after specialists in the capital markets sector; working in conjunction with younger partner Mercedes Haddad, he co-led advice to Terrafina on its $500m Rule 144A/Reg S offering. Haddad also led on the MXN$255.2m reopening of an initial CKD trust issuance on behalf of Casa de Bolsa Santander. Noted for his creativity, Carlos Zamarrón led advice to Vista Oil & Gas on its $100.9m re-IPO on the New York Stock Exchange; while Rodrigo Castelazo led on the $400m Minera y Metalúrgica del Boleo matter (see below). Additional partner-level involvement is provided by name-partner Jean Michel Enríquez and Eduardo Flores (who co-lead advice to Banco Santander Spain on its $1.49bn buy-back offer for outstanding ‘B’ shares in Banco Santander México), along with Jorge Montaño, who handles M&A, private equity and corporate and commercial matters as well as capital markets work.

Mexico > Bankruptcy and restructuring

Creel, García-Cuéllar, Aiza y Enríquez, S.C. has an active presence in the restructuring area, providing advice – particularly on high-end matters – regarding all non-litigious issues related to corporate restructurings, financial restructurings, and bankruptcy and insolvency proceedings, including those involving complex financial situations and banking and finance structures. It also advises creditors and debtors on complex bankruptcy and out-of-bankruptcy restructuring transactions and regulatory issues in non-judicial aspects of restructurings and workouts. The practice is led by the distinguished Carlos Aiza, who is supported by a well-rounded group of finance and capital markets experts, including Pedro Velasco, Rodrigo Castelazo and Emilio Aarun.

Mexico > Banking and finance

One of the market’s undisputed leaders in the banking and finance realm, Creel, García-Cuéllar, Aiza y Enríquez, S.C. houses a 33-strong practice with a ‘unique level of specialization’, always willing to ‘go the extra mile’. With rainmaker Carlos Aiza at the helm, the well-rounded team advises an impressive mix of international and domestic lenders, borrowers and financing entities in connection with a broad array of transactions – frequently involving innovative structures – including: cross-border, local single-bank and syndicated loan facilities; acquisition, structured and maritime financings; secured and unsecured financings; and high-level restructurings, project finance and derivatives. Key practitioners include partners Giovanni Ramirez, Pedro Velasco and Emilio Aarun, who are praised by clients for being ‘very knowledgeable and thoughtful’; Rodrigo Castelazo, who has recently participated in the first four unsecured real estate revolving financings in Mexico; Mercedes Haddad; counsel Victor Gallegos; and ‘outstanding’ senior associate Alejandro Isaac.