Ms Mercedes Haddad > 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 and Capital Markets.

Position

Mercedes Haddad is a partner in the Mexico City office. Her practice focuses on Banking and Finance and Capital Markets.

Mercedes represents foreign and domestic financial institutions, borrowers, underwriters, issuers and private equity funds in capital market transactions, structured finance (including secured and unsecured financing, commercial financing, acquisition financing and real estate financing) asset securitizations and derivative transactions.

Over the past years Mercedes has participated on various innovative financial transactions. In capital markets Mercedes has advised sponsors in the establishment of their CKDs funds through public listings of CKDs in Mexico, including Mexico Retail Properties (MRP), Walton Street Capital, Finsa, and Planigrupo. She has also participated in several IPOs and follow-ons, including Terrafina and IEnova. Mercedes has also worked on several cross-border debt offerings and private placements

In banking and finance, Ms. Haddad advises international and Mexican financial institutions including Deutsche Bank, Barclays, Credit Suisse, BBVA-Bancomer and Banorte, as well as Mexican borrowers.

Ms. Haddad has been ranked or cited in banking and finance by many publications, including Chambers and Partners and IFLR 1000.

 

Career

Prior to joining the Firm, Ms. Haddad worked at prestigious law firms in Mexico City.

Languages

Spanish and English.

Memberships

Ms. Haddad is a member of the International Bar Association.

Education

Ms. Haddad obtained her law degree (JD) from the Escuela Libre de Derecho in 2005.

Lawyer Rankings

Mexico > Banking and finance

(Next Generation Partners)

Mercedes HaddadCreel, García-Cuéllar, Aiza y Enríquez, S.C.

Clients rely on the ‘tremendousCreel, García-Cuéllar, Aiza y Enríquez, S.C. because of its ‘pro-deal mindset’ and ‘business savvy’, ‘outstanding legal capabilities and customer service’ and understanding of ‘risks and regulators’; the lawyers have ‘an overall vision of the deal’. The 33-strong team boasts an enviable list of clients, including international and domestic lenders, borrowers, guarantors, funds, agents, banks, insurance companies, and other financial institutions, which it advises on numerous first-of-its-kind financing structures, complex structured financings, high-level restructurings, cross border, local single-bank and syndicated loan facilities, acquisition financings, ship financings, secured and unsecured financings, project finance and derivatives. In highlight work, practice head and rainmaker Carlos Aiza co-led the team -in conjunction with Giovanni Ramirez Garrido– acting as special Mexican counsel to Citibanamex on a $50m credit agreement and with negotiating the implementation of a participation between Citibanamex and Citibank. Garrido also led the team that advised BBVA Bancomer -as lender, administrative agent and security agent- on the MXN$2.85bn syndicated loan granted to Omnilife for the indirect refinancing of its existing debt, which was derived from a corporate restructuring. Highly valued by clients (he ‘has the ability to understand the clients’ needs regarding the quality of the work and timings’), Pedro Velasco led the team acting for Vista Oil & Gas on a first stage $260m senior secured loan arranged by Credit Suisse, Citibank and Morgan Stanley. Emilio Aarun, who made partner in January 2019, worked on both this and on the Citibanamex mandate; he has ‘the skills that facilitate the closing of deals, which is always the goal’. Other key practitioners include Rodrigo Castelazo, Mercedes Haddad, and of counsel Victor Gallegos. Other clients include Deutsche Bank, Credit Agricole, Commerzbank, Banorte, MetLife, and Bank of America.

Mexico > Capital markets

The 35-strong team at Creel, García-Cuéllar, Aiza y Enríquez, S.C. is a market leader acting on the side of issuers, sponsors, structuring agents, underwriters, pension funds (AFORES), investment funds, rating agencies, arrangers, placement agents and financial guarantors, among others, on sophisticated,  complex and innovative transactions. Recent examples include advising BlackRock on a -first-ever – $500m CERPI with an investment mandate for infrastructure projects in Mexico and Latin America; and KKR on the first-ever international CERPI acting as a feeder fund to allow Mexican pensions funds to make investments in KKR global and regional funds outside Mexico for the first time, also with the value of $500m. Moreover, following its advice to Vista Oil & Gas on the first-ever initial business combination (de-SPAC) by a Special Purpose Acquisition Company (SPAC), the practice also acted for Promecap on the second-ever SPAC listing in Mexico and Latin America (value of $300m). In other work the team also acted for several high-profile clients, such as Goldman Sachs, Banobras and Credit Suisse as underwriters in FIBRA E offerings; and it assisted the Mexican Government in the first-ever joint multi-country floating rate earthquake-linked capital at risk notes, issued under the International Bank for Reconstruction and Development (IBRD)’s global debt issuance facility (total value $1.36bn). Very active practice head Carlos Aiza handles the full range of capital markets transactions; Carlos Zamarrón is admired for his out-of-the-box thinking; Rodrigo Castelazo worked with Aiza on the  team’s SPAC and CERPI caseload, and assisted Capital Índigo in the formation of its first CKD fund, the second listed on the Bolsa Instituconal de Valores (value MXN$1.6bn). Other names to note include Mercedes Haddad, Jorge Montaño, Eduardo Flores, and Jean Michel Enriquez. Clients include Blackstone, JP Morgan, Morgan Stanley, Barclays, Bank of America Merrill Lynch, Citigroup, Santander, BBVA, and Lexington Partners.