Leveraging both ‘international and local expertise’, Clifford Chance acts for a diverse client base of high-profile financial institutions from across Spain, Europe, and the US in high-value DCM transactions. Representative work for the group includes securitisations, EMTN programmes, and both corporate and sovereign bond issues. The practice is jointly led by Eduardo García, who specialises in structured debt transactions and securitisations, and Antonio Henríquez, who acts for both underwriters and issuers in cross-border ECM and DCM deals. Jesús Quesada’s practice centres on structured finance, securitisations and other financing transactions, while Francisco Pizarro is well acquainted with the intricacies of note issuances, debt programmes, and convertible bonds.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- ‘Clifford Chance excels in synthetic securitisations, where we have collaborated with them on several recent transactions.'
- ‘Within the area of synthetic securitisations, Leonardo Fernández and Virginia Jiménez stand out.'
- ‘Francisco Pizarro acts with impeccable professionalism, demonstrating great approachability and availability. He strives to understand his clients and tailor his approach to their unique needs and circumstances. He negotiates skillfully and with common sense, never letting ego or similar issues take precedence.'
Key clients
- Banco Santander
- BBVA
- BNP PARIBAS
- Deutsche Bank
- Citigroup
- Morgan Stanley
- CaixaBank
- HSBC
- Citigroup
- JP Morgan
- REN
- Aena
- Bank of America
- UBS
- Barclays
- Allianz Global Investors
- Atlas SP Partners
- Ithaka Infrastructure Partners
- Arrowmark Partners
Work highlights
Advised the Managers on the issuances by the Kingdom of Spain in the last 12 months for a total amount of €32bn.
Advised Atlas SP Partners on the refinancing of several portfolios of non-performing loans (NPLs) and REOs acquired by Tilden Park in Spain and Portugal by means of the execution of a Notes Issuance and Subscription Agreement.
Advised BBVA on its inaugural synthetic securitisation linked to a consumer loan portfolio through the securitisation fund BBVA Vela Consumer 2025-1, with a total amount of €2.5bn.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Francisco Pizarro
Practice head
Eduardo García; Antonio Henriquez
Other key lawyers
Jesús Quesada; Leonardo Fernández; Francisco Pizarro; Virginia Jiménez