Praised for ensuring that ‘complex financings are completed smoothly and efficiently’, the banking and finance team at Garrigues has broad experience across refinancings, distressed debt and leveraged finance matters. Leadership is shared between Gaspar Atienza, recognised for his expertise in corporate finance, infrastructure and real estate specialist José Miguel Pinillos Lorenzana, and Marcos Botella, sought after for his work in structured finance and restructuring. Xabier Urtiaga is lauded for his ’sharp technical command of banking and finance structures’, while Gonzalo Rivera advises a wide range of financial institutions, private equity funds and listed companies on all types of financing and refinancing transactions. Clemente Mateo stands out at the associate level for his involvement in syndicated corporate financings and LBOs.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team's communication skills are excellent, and they are exceptionally adept at aligning the interests of all parties. They are focused on reaching agreements between all parties, discerning what is essential from what is secondary.’
  • ‘José Miguel Pinillos' conciliatory personality and team management skills make him stand out remarkably.’
  • ‘Garrigues is uniquely pro-deal in mindset, the team consistently stands out for working side-by-side with clients to structure innovative solutions that make transactions happen. Rather than focusing on obstacles, Garrigues’ lawyers are known for their creativity and willingness to think outside the box, ensuring that complex financings are completed smoothly and efficiently.'
  • ‘Xabier Urtiaga has an exceptional commitment and hands-on approach to every transaction. Deeply engaged throughout the lifecycle of a deal, he is known for going above and beyond, prioritising the success of the transaction and the client’s objectives over fee considerations.'

Key clients

  • Itínere Infraestructuras
  • COFIDES
  • Banco de Sabadell
  • J.P. Morgan
  • MUFG Bank
  • Enso Group
  • Satlink
  • Goldman Sachs
  • Banco Santander
  • European Investment Bank
  • AMTRUST
  • Blackstone Group

Work highlights

Advised Amtrust International, as first priority creditor and first priority security provider, in relation to the refinancing and recapitalisation of Codere group reducing its corporate debt by €1.2bn to €128m and adding €60m of newly raised financing.
Advised Goldman Sachs Bank USA and a syndicate of lenders and issuing banks on an incremental facility in an aggregate principal amount of $595m for the 2024 incremental dollar term loan; and €300m for the 2024 incremental Euro term loan under an amendment agreement to the credit agreement and a guaranty reaffirmation agreement both subject to New York State law.
Advised Itínere Infraestructuras, S.A. on a financing transaction amounting to €845,300,00 in the context of the refinancing of the syndicated financings of Itínere Infraestructuras, S.A. and Enaitinere, S.A.U.

Lawyers

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Xabier Urtiaga Valle
Xabier Urtiaga Valle
Leading associates

Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Clemente Mateo
Clemente Mateo
Practice head

Gaspar Atienza; José Miguel Pinillos Lorenzana; Marcos Botella

Other key lawyers

Xabier Urtiaga; Gonzalo Rivera; Clemente Mateo