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
Rodrigo Castelazo photo

Work Department

Banking and Finance, Bankruptcy and Restructuring, Capital Markets, PRivate Equity

Position

Partner

Career

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.

Languages

Spanish and English

Education

He received his law degree (JD) from Universidad Iberoamericana in Mexico City in 2002, and obtained his LL.M degree from Harvard Law School in 2006. He also has a postgraduate 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.

According to one recent client, Creel, García-Cuéllar, Aiza y Enríquez, S.C.’s capital markets team stands out for its ‘dedication, availability and creativity’, and has achieved ‘excellent results in record time’. Skilled at representing issuers, underwriters, pension funds and other institutional investors on both debt and equity transactions, the group’s expertise also encompasses CKD listings, Fibra Es, SPACS and mortgage REITs. Practice head Carlos Aiza is renowned for his extensive capital markets experience; Rodrigo Castelazo leads on the practice’s key matters, including a recent highlight advising GM Financial on the reopening of its first and second long-term issuance of notes as recurring issuer. Carlos Zamarrón advises clients on private and public structured financial and capital markets transactions – he and his colleagues are praised for their ‘deep knowledge of local laws’; Mercedes Haddad takes care of structured finance, asset securitisations and derivative transactions. Partner Eduardo Flores Herrera left the firm, effective July 2022.

Mexico > Banking and finance

Characterised by its ‘knowledge, availabilty and professionalism’, Creel, García-Cuéllar, Aiza y Enríquez, S.C. is undoubtedly a key player in the Mexican market. Its ‘pro-business’ finance practice is composed of six partners, two counsels and 33 associates, and is adept at handling the range of banking and finance matters, including structured and DIP financings, cross-border and local single bank and syndicated loans, acquisition finance, and both secured and unsecured financings. Its stellar client roster is comprised of high-profile local and international banks, funds, insurance companies and non-bank financial institutions, which it advises both as lenders and borrowers. Senior partner Carlo Aiza, who has a strong track record in finance and asset securitization transactions, heads up the practice. The ‘well-coordinated’ and ‘highly technical’ team of partners is further made up of: Giovanni Ramírez Garrido, whose practice has an emphasis on acquisition and structured finance, as well as asset-backed and real estate financing; and the ‘excellentPedro Velasco, who assists domestic and foreign financial institutions and corporate borrowers (from across a range of industries) with secured and unsecured financings; along with Rodrigo Castelazo (capital markets and structured finance transactions); Alejandro Isaac (commercial, acquisition, real estate financings, infrastructure and project financings); and Emilio Aarún, a partner since January 2022 (banking, finance, bankruptcy and restructuring transactions). Eduardo Flores left the firm in July 2022.

Mexico > Bankruptcy and restructuring

Creel, García-Cuéllar, Aiza y Enríquez, S.C. has a good reputation in the bankruptcy sector and is known for advising on insolvency proceedings, workouts, the liquidation of distressed companies and the restructuring of existing credit facilities. Its client roster is dominated by local and international banks and financial institutions. The practice is co-led by Carlos Aiza, who is particularly noted for his involvement in workouts, capital markets and corporate finance transactions; and Rodrigo Castelazo, who represents both debtors and creditors in insolvency proceedings. Of counsel Thomas Heather is noted for his contributions on restructuring and associated arbitration matters, and senior associate Christian Dorantes offers support across the board.