DLA Piper is equipped to handle a wide range of debt capital markets mandates, including securitisations, derivatives, and debt issuances. The team is regularly instructed by financial institutions and corporates across the sports, infrastructure, and technology sectors. Department head Andrés Lorrio has an established practice advising on derivatives and bond issuances, while Diego Sánchez is active on both cash and synthetic securitisations.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Billing & efficiency

Testimonials

Collated independently by Legal 500 research team.

  • ‘In capital markets: fixed income, in-house counsel can rest assured that DLA Piper has a team with expertise in the field, led by Yoko Takagi. Furthermore, from Madrid, they can coordinate across different jurisdictions and offer international advice centralised in Spain and managed from there.'
  • ‘The real asset is Yoko Takagi, her dedication, hard work, and expertise. She's a true professional, and I especially want to highlight her tenacity and experience. Furthermore, she's wonderful at negotiations, combining assertiveness with impeccable interpersonal skills.’
  • 'The experience and knowledge of the DLA team in highly technical matters, such as legal, contractual, and transactional advice on derivatives, repos, and securities lending, make them very easy to work with because they quickly grasp the client's needs. They perfectly understand the type of advice we seek and how we want it delivered (in terms of both substance and form).'
  • ‘The key is Andres Lorrio's extensive experience and knowledge of the subject matter. He has a great reputation in the market, and we've known him for years, so he understands us very well and knows how to grasp what we're looking for and need. He saves us a lot of time on calls and clarification meetings regarding the consulting services.'
  • ‘They have advised us on different aspects, from the preparation of brochures and programs, the legal structuring of collateral and all the processes related to admission to listing and the design of different operations.’
  • ‘DLA Piper's practice is distinguished by its ability to combine technical sophistication, strategic vision, and impeccable execution in complex transactions, both domestic and international.'

Key clients

  • Grupo Nortegas (Nature Investments Holdings II S. À R.L. and Norbiogas Renovables, S.L.U.)
  • Banco Santander, S.A.
  • Goldman Sachs
  • VARTA AG
  • Titulización de Activos, S.G.F.T., S.A.
  • Banca March, S.A.

Work highlights

Advised a syndicate of leading financial institutions in connection with ADIF-ALTA VELOCIDAD’s Euro Medium Term Note Programme (EMTN), valued at €10bn.
Advised Goldman Sachs and a group of international investors on the €424m refinancing of over 40% of FC Barcelona’s debt.
Advised a consortium of institutional investors and banking entities, led by Goldman Sachs, on a landmark €332m financing transaction for the construction of the Nou Mestalla stadium for Valencia CF.
Practice head

Andres Lorrio

Other key lawyers

Diego Sánchez; Yoko Takagi; Nerea Cemlyn-Jones