Department profile
Garrigues

Capital Markets: Equity

Europe Guide 2026 : Spain

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Garrigues

Rankings

Chambers Review

Provided by Chambers

Capital Markets: Equity - Spain

Band 2

What the Team is Known For

With its wide-ranging offerings across DCM and ECM, Garrigues provides holistic services to its clients. The law firm regularly advises on commercial paper programmes and complex bond and note issuances, assisting well-known international financial institutions. Additionally, the firm has expertise in securitisations, including large ABS transactions. In addition to its strength in DCM, Garrigues handles ECM mandates including capital increases, listings of SOCIMIs and other equity-related work. While Madrid-based, the team regularly works on cross-border cases facilitated by the law firm's own international office structure and cooperation with other international law firms.

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Work Highlights

Provided by Chambers

  • Garrigues acted as Spanish legal adviser for BBVA on its SEC-registered offering of USD1 billion aggregate principal amount of non-step-up non-cumulative contingent convertible perpetual preferred tier 1 securities.

Strengths

Provided by Chambers

  • We rely on Garrigues's work on our most complex transactions. The team combines deep knowledge of capital markets and leveraged finance with a commercial approach, while meeting challenging deadlines.

    Capital Markets: Equity respondentEurope

  • This is a top-level, multidisciplinary team who are recognised in the market. They have the necessary qualifications and experience to guarantee access to the best possible advice and support.

    Capital Markets: Equity respondentEurope

  • They have always responded to us in a timely manner, meeting the deadlines necessary to reach a successful conclusion.

    Capital Markets: Equity respondentEurope

  • Garrigues have the extraordinary ability to handle these type of issues, generating innovative solutions.

    Capital Markets: Equity respondentEurope

Notable Practitioners

Provided by Chambers

  • Gonzalo García-Fuertes
    Gonzalo García-Fuertes

    Gonzalo García-Fuertes

    Gonzalo García-Fuertes remains a trusted adviser due to his expertise in complex debt capital markets mandates ranging from green and project bonds to CMBS transactions and commercial paper programmes. He has additional experience in ECM mandates, including accelerated bookbuilding and capital increases.

    • Gonzalo García-Fuertes is a great lawyer who knows the regulations very well. He provides efficiency and timely responses despite urgent deadlines.

      Capital Markets: Equity respondentEurope

    • Gonzalo is reliable, willing and decisive.

      Capital Markets: Equity respondentEurope

    • He is a guarantee of trustworthiness in this type of work.

      Capital Markets: Equity respondentEurope
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  • José Luis Palao Iturzaeta
    José Luis Palao Iturzaeta

    José Luis Palao Iturzaeta

    José Luis Palao Iturzaeta regularly advises prominent domestic and international clients on ECM as well as DCM mandates. His broad practice covers IPOs as well as EMTN programmes and bond issuances.

    • José Luis Palao Iturzaeta has very broad knowledge of the work, a great work capacity and a high level of availability. He is a personable and accessible lawyer.

      Capital Markets: Equity respondentEurope
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  • Marta López-Brea
    Marta López-Brea

    Marta López-Brea

    Marta López-Brea acts for several of Spain's main banks on the securitisation of mortgage and auto loans as well as green securitisations. She also assists with the incorporation of securitisation funds.

    • In securitisation, Marta López-Brea has a lot of experience. She understands the tendencies of the sector, the market and its critical points.

      Capital Markets: Equity respondentEurope
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Ranked Individuals at Garrigues (6)

Spain

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