Department profile
A&O Shearman

Capital Markets: Debt

Global Guide 2026 : Spain

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A&O Shearman

Rankings

Chambers Review

Provided by Chambers

Capital Markets: Debt - Spain

Band 1

What the Team is Known For

With outstanding expertise in DCM as well as supporting clients on ECM mandates, A&O Shearman is well positioned to assist with a broad range of capital markets transactions. The team regularly advises on complex green, social and hybrid bond issuances as well as blockchain bonds. Additionally, clients benefit from the firm's prowess in handling ECP, EMTN and note programmes, evidencing strong debt capital markets capabilities. The firm's ECM expertise covers capital increases, rights issuances and private placements. The firm demonstrates additional strength in derivative transactions, synthetic securitisations and mortgage loans as well as RMBS. As a global law firm, A&O Shearman caters predominantly for well-known international financial institutions.

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Work Highlights

Provided by Chambers

  • A&O Shearman acted for a syndicate of banks including Banco Santander on the issuance of EUR500 million ECA covered bonds under its Spanish domestic debt programme.

Strengths

Provided by Chambers

  • A&O Shearman are a flexible team who perfectly understand the needs of customers and know how to adapt. They have very clear ideas and extensive knowledge of capital markets.

    Capital Markets: Debt respondentGlobal

  • They have responded efficiently to the issues raised and we have always received quality advice.

    Capital Markets: Debt respondentGlobal

  • A&O Shearman are excellent. They're always available and find innovative solutions.

    Capital Markets: Debt respondentGlobal

  • A&O Shearman's solid team stands out due to its strong international practice and firm presence in Spain. They also have experience and good commercial understanding.

    Capital Markets: Debt respondentGlobal

Notable Practitioners

Provided by Chambers

  • Salvador Ruiz Bachs
    Salvador Ruiz Bachs

    Salvador Ruiz Bachs

    Salvador Ruiz Bachs regularly operates on a broad variety of capital markets mandates from tender offers and preferred securities issuances to large green bonds. He also assists with the establishment of ECP and EMTN programmes.

    • He has a lot of technical capacity and high knowledge of the capital markets arena.

      Capital Markets: Debt respondentGlobal

    • Salvador Ruiz Bachs is an expert and his collaboration has been vital for us.

      Capital Markets: Debt respondentGlobal

    • Salvador is always calling his clients proactively to see if they need any help. He is much loved and appreciated by all customers.

      Capital Markets: Debt respondentGlobal

    • Salvador Ruiz Bachs is able to combine practical knowledge and international capital market expertise with Spanish law experience.

      Capital Markets: Debt respondentGlobal
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  • Alfonso Gutiérrez
    Alfonso Gutiérrez

    Alfonso Gutiérrez

    Alfonso Gutiérrez is well placed to offer advice on a wide range of securitisation topics. His practice covers mortgage-backed securities.

    • Alfonso Gutiérrez is a very good communicator. He explains complex concepts in a familiar and effective way while discerning what is or is not relevant for the client.

      Capital Markets: Debt respondentGlobal

    • He is technically very good and has a good overview of what the risks are.

      Capital Markets: Debt respondentGlobal
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  • Alvaro Rojo
    Alvaro Rojo

    Alvaro Rojo

    Alvaro Rojo is appreciated for his growing role on cross-border debt capital markets transactions. He often acts for international lead managers and dealers on bond issuances and EMTN programmes.

    • Alvaro plays an essential part. He is quick in his responses, very proactive and consistent.

      Capital Markets: Debt respondentGlobal

    • He is solid technically and very reliable. He always goes the extra mile to meet deadlines.

      Capital Markets: Debt respondentGlobal

    • Alvaro Rojo knows how to understand clients perfectly and works to ensure that all projects go perfectly. He is also very friendly and commercial, and always on top of all his work.

      Capital Markets: Debt respondentGlobal
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  • Charles Poole-Warren
    Charles Poole-Warren

    Charles Poole-Warren

    Charles Poole-Warren is an expert in DCM mandates, including large bond issuances, note programmes and hybrid bonds, where he acts for prominent international deal managers and sponsors. As a UK-qualified practitioner based in Madrid, he is a primary choice for cross-border mandates, especially those involving English law elements.

    • Charles Poole-Warren has a high technical capacity with lots of knowledge of the capital market area.

      Capital Markets: Debt respondentGlobal
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Ranked Individuals at A&O Shearman (5)

Spain

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