Galicia Abogados advises on all aspects of banking and finance to a wide variety of international as well as domestic financial institutions, and emphasises its close relationship with the Spanish firm Uría Menéndez. The firm's project finance team draws on its vast experience encompassing infrastructure, power, oil and gas, petrochemical, toll-roads and water treatment plants....
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Galicia Abogados advises on all aspects of banking and finance to a wide variety of international as well as domestic financial institutions, and emphasises its close relationship with the Spanish firm Uría Menéndez. The firm's project finance team draws on its vast experience encompassing infrastructure, power, oil and gas, petrochemical, toll-roads and water treatment plants.
One ten-year corporate banking and acquisition finance client calls its lawyers, "superb, with thorough knowledge of Mexican banking law, Mexican clients and cross-border transactions". A competitor says: "They're known for representing banks."
In three issuances of senior secured notes by Conti-Gummi Finance, partner Arturo Perdomo advised Citigroup Global Markets and RBS, as underwriters. Conti-Gummi's parent company, Continental, a worldwide supplier of automotive parts, served as guarantor. The notes, valued at $1.06 billion, $1.42 billion and $1.78 billion, were issued in the summer and autumn of 2010.
The firm also advised the Japan Bank for International Cooperation in a $600 million loan to Pemex, Mexico's state-owned oil company, for the development of oil fields located in Chicontopec Basin. Although Chicontopec contains Mexico's largest reserves of hydrocarbons, output has been disappointing primarily because of the predominance of very crude oil requiring a lot of refining. Pemex has estimated that it will take $30 billion over a period of 15 years to fully develop the area. The deal closed in August 2010.
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Galicia Abogados retains the respect of its peers, with an attorney from a competing firm saying it would be his choice referral if conflicted out of a deal. The firm represents the range of players in M&A transactions, specialising in private equity clients....
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Galicia Abogados retains the respect of its peers, with an attorney from a competing firm saying it would be his choice referral if conflicted out of a deal. The firm represents the range of players in M&A transactions, specialising in private equity clients. It has particular expertise in divestitures, strategic alliances and joint ventures, majority/minority investments and restructurings. Jose Manuel Gonzalez of White & Case joined the firm as counsel in February 2011. A client notes that attorneys at the firm "are always available, and able to meet tight deadlines".
In a deal that closed in May 2010, the firm represented a Dutch interest in Mexico's optical industry. The firm advised the owners of Grupo Óptica Lux On HAL Investments' acquisition of 25% of its shares. The transaction also gave HAL, a private equity company, the option to buy an additional 70% of the company's outstanding stock.
In a $2.5 billion stock transaction that closed one year later, partner Humberto Pérez Rocha represented the beverage company, Grupo Continental in its merger with Embotelladoras Arca, Mexico's second largest Coca Cola bottler. The new company, Arca Continental, will trade on the Bolsa, Mexico's stock exchange.
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