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TORRE VIRREYES, PEDREGAL 24, 24TH FLOOR, COL. MOLINO DEL REY, MEXICO CITY, 11040, MEXICO
Tel:
Work +52 55 4748 0600
Fax:
Fax +52 55 4748 0690
Email:
Web:
www.creel.mx
Mexico City, Monterrey

Giovanni Ramirez

Tel:
Work +52 (55) 4748 06
Email:
Web:
www.creel.mx
Creel, García-Cuéllar, Aiza y Enríquez, S.C.

Work Department

Banking and Finance.

Position

Giovanni Ramírez Garrido G. is a partner in the Mexico City office and heads the Firm’s Hiring Committee.

Mr. Ramírez Garrido specializes in the areas of banking and finance, bankruptcy and restructurings, with an emphasis in acquisition finance, structured finance, asset-backed financing, real estate financing, corporate financing and project finance, as well as in structuring and implementing complex collateral packages.

Mr. Ramírez Garrido represents a variety of clients in all kinds of banking and finance transactions.  Among others, he regularly advises international and domestic banks, investment banks, insurance companies and other financial institutions and institutional investors, as well as corporate borrowers, in a wide variety of financial transactions, including single bank and syndicated facilities, secured and unsecured local and cross-border loans, senior and mezzanine loans, real estate finance and project finance transactions.

Most notably, Mr. Ramírez Garrido recently represented one of the world’s leading investment firms in the largest debt financing ever in Mexican history and one of the largest in Latin America (worth US$3.4 billion), for the acquisition of the lending platform and related commercial real estate mortgage loan portfolio of the largest non-bank commercial lender in Mexico, which also marked a breakthrough for the Mexican real estate market (awarded the Loan Deal of the Year by IFLR´s American Awards 2016 and the Corporate Finance Deal of the Year by Latin Lawyer 2016).

In the realm of his lending practice, Mr. Ramírez Garrido has advised Mexican REITS (FIBRAs) on the largest and second largest real estate acquisition financings in Mexican history. Mr. Ramírez Garrido regularly represents one of the largest global insurance company and its Mexican subsidiary in their financing transactions in Mexico, including the recent refinancing of the Torre Mayor Building located in the Reforma corridor in Mexico City.

Mr. Ramírez Garrido has been recognized as a Notable Practitioner and ranked in the field of banking and finance by Chambers Latin America (Chambers & Partners, Latin America Guide 2017) and Best Lawyers. Mr. Ramírez Garrido is noted for his work and has been consistently ranked or featured as a leading practitioner in the fields of banking, finance and restructuring by various international publications, including Chambers Global 2017, IFLR 1000, Legal 500, Who’s Who Legal, Latin Lawyer and Best Lawyers.

Career

Mr. Ramírez Garrido worked as an International Associate in the New York office of Shearman & Sterling during 2000-2001. He is fluent in Spanish and English.

Languages

Spanish and English.

Member

Mr. Ramírez Garrido is a member of the International Bar Association (IBA)

Education

Mr. Ramirez Garrido received his law degree (JD) from Universidad Iberoamericana in Mexico City in 1996, and obtained his LL.M degree from New York University Law School in 2000.


Mexico

Banking and finance

Within: Banking and finance

Historically focused on representing lenders, although increasingly active in assisting borrowers, the banking and finance practice at Creel, García-Cuéllar, Aiza y Enríquez, S.C. gives clients a ‘superlative’ service, with ‘immediate responses and deep specific know-how’. The firm is ‘expensive, but worth it’. The 33-strong team is the first port of call for large-scale, complex financing mandates, including syndicated loans, corporate financing, energy financing, real estate financing and transport financing (shipping and aviation). Carlos Aiza leads the team, acting mainly as a rainmaker; he is valued by clients for being ‘a strong strategist, with a profound knowledge that he is constantly updating’. Client and peer favourite Pedro Velasco had an active year, leading teams that advised Citibank, as agent, on a $284m financing; Crédit Agricole Corporate and Investment Bank, as administrative and collateral agent, on an $810m multi-jurisdiction secured syndicated financing in favour of McDermott International; and BBVA Bancomer, Goldman Sachs (USA) and Morgan Stanley Senior Funding, as arrangers, on a $400m super senior revolving credit facility granted to Atento. Giovanni Ramírez Garrido acted as counsel to Southern Cross Group subsidiary Tars Holding, as borrower, on a MXN$1.25bn syndicated financing for refinancing of existing debt and other corporate purposes; and Santander, as lender, administrative agent and security agent, on a MXN$2.26bn syndicated financing by several banks and other financial institutions in favour of Invercap Service Management. Lauded by clients for his ‘deep expertise and good client service’, Rodrigo Castelazo led a team that counselled Crédit Suisse (Cayman Islands branch) as collateral agent, administrative agent and lead arranger on a $42m credit to International Tug for the acquisition of vessels. Key support comes from Mercedes Haddad A, and associates Victor Gallegos and Emilio Aarun. Associate Andrés Barrosov is also noted. Eduardo Flores Herrera joined the firm as a partner in July 2017, having previously been Vice-President for Securities Oversight at the National Banking and Securities Commission; as did Iker Arriola (a specialist in development and financing of energy and infrastructure projects) and José Ignacio Segura (who has a specialisation in project finance and PPPs) in March 2018 from White & Case S.C.. Lender side clients include Banco Sabadell, Banco del Bajío, Bank of America, Barclays, Commerzbank, Deutsche Bank, HSBC, Inter-American Development Bank, Scotiabank and UBS; and, on the borrower side, Blackstone, BlackRock, FINSA, Grupo Lala, Grupo Mexico, Mexico Retail Properties, Prudential Real Estate Investors, and Walton Street Capital.

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Capital markets

Within: Capital markets

Market opinion indicates Creel, García-Cuéllar, Aiza y Enríquez, S.C. is at the spearhead of capital markets practice. Clients agree that the firm is ‘excellent’ in this sector, and that it brings together experts who are able to cover any concerns that may arise. The practice group stands out for its sheer size (36 lawyers, of whom eight are partners) and for the fact that it consistently acts on innovative and first-of-their-kind deals. In recent examples of this, practice head Carlos Aiza and Carlos Zamarrón assisted Riverstone and Vista Oil and Gas in the first IPO of a Special Purpose Acquisition Company (SPAC) in Mexico and Latin America, raising $650m; Aiza and Mercedes Haddad assisted FIBRA Terrafina with the first equity shelf registration programme, and the first follow-on public offering under said programme by a Mexican issuer, which raised $290m; and Aiza and Rodrigo Castelazo acted for FIBRAVIA on the first rights offering by a Fibra E, which raised MXN$4.1bn (following advice given to Pinfra on the IPO of FIBRAVIA, Mexico’s first energy and infrastructure investment trust). Moreover, Zamarrón assisted Credit Suisse with structuring the first publicly listed commercial real estate lending platform, which raised MXN$5.76bn and was listed as a CKD; as well as Mexico Tower Partners with the structuring, negotiation and implementation of the first securitisation of cell phone towers in Mexico, valued at $115m; and Castelazo advised the initial purchasers on a global offering of senior unsecured notes by Infraestructura Energética Nova, consisting of a simultaneous public offering in Mexico and private placement under rule 144A/Reg S outside of Mexico and including a Singapore listing; as well as Credit Suisse, Banorte Ixa and BBVA Bancomer, as lead Mexican Underwriters on a private placement and subsequent follow-on public offering in Mexico and international placement of shares by RLH Properties, for a total amount of $318m. Name partner Jean Michel Enríquez, Giovanni Ramirez Garrido, Pedro Velasco and Jorge Montaño are also active in the practice. Iker Arriola joined the firm in early 2018 from White & Case S.C.; his practice covers capital markets, banking and finance, corporate and M&A, restructuring and real estate. Other clients include Bank of America, Barclays, Citibanamex, Deutsche Bank, Goldman Sachs, HSBC, JP Morgan, Morgan Stanley, Blackrock, Blackstone, CKD Infraestructura México, Macquarie, Mexico Retail Properties, Prudential Real Estate Investors, and Walton Street Capital.

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Projects and infrastructure

Within: Projects and infrastructure

Creel, García-Cuéllar, Aiza y Enríquez, S.C.’s well-regarded team ‘delivers on time’ and has ‘great knowledge of the finance industry in Mexico’. Its lawyers are comfortable as both lender’s and sponsor’s counsel and are particularly active in the energy sector. The group recently advised the lenders, including Banorte and Nacional Financiera, on a $100m loan to Emerging America Inmobilaria’s 110MW power project in Chihuahua. The three-partner team is led by Santiago Sepúlveda and also includes Giovanni Ramirez and Pedro Valesco.

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Legal Developments in Mexico

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
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