Department profile
Pérez-Llorca

Capital Markets: Securitisation & Derivatives

Europe Guide 2026 : Spain


Pérez-Llorca

Rankings

About

Provided by Pérez-Llorca

Pérez-Llorca’s Capital Markets team has wide-ranging technical knowledge and considerable experience in matters related to capital markets, and maintains regular contact with the authorities and bodies that regulate these markets. We work with professionals from other practice areas at the firm in order to provide a complete legal service.

We offer comprehensive legal advice to issuers, insurers, underwriters, selling shareholders, sponsors and global coordinators. We advise on areas including:

  • A wide range of security offerings, including public offerings and IPOs, listings on the stock exchange and on the BME Growth (formerly known as the Alternative Stock Market), takeover bids, block trades, issuances of convertible debentures, bonds and other debt securities (including securitisation bonds), equity lines and private placements
  • Equity and M&A transactions for listed companies: we have advised on some of the most prominent and innovative takeover bid processes on the Spanish market.
  • All legal aspects relating to capital markets and corporate governance, including complying with information update requirements and transparency requirements, reporting significant shareholdings, preparing and holding shareholders’ general meetings and complying with conduct and market abuse rules and regulations.

Chambers Review

Provided by Chambers

Capital Markets: Securitisation & Derivatives - Spain


What the Team is Known For

Pérez-Llorca's DCM offering was boosted by the arrival of a top-ranked partner in 2023. The team is increasingly visible on debt mandates, including EMTN programmes and note issuances. Its lawyers are also sought after for expertise relating to securitisations.

Work Highlights

Provided by Chambers

  • Pérez-Llorca supported a syndicate of banks as managers, including ABANCA Corporación Bancaria, with the issuance of EUR500 million 3% sustainable bonds by the Comunidad Autónoma de Galicia.

Strengths

Provided by Chambers

  • Pérez-Llorca have strong technical skills and are responsive and commercially oriented. The work quality is also excellent.

    Capital Markets: Securitisation & Derivatives respondentEurope
  • Pérez-Llorca has always stood out for the professional quality of its members. The team's expertise in the field is beyond doubt; this is evident in their handling of complex operations.

    Capital Markets: Securitisation & Derivatives respondentEurope
  • The needs of our entity are fully covered when we work with Pérez-Llorca.

    Capital Markets: Securitisation & Derivatives respondentEurope
  • Pérez-Llorca offers flexibility and adaptation to complex operations by providing practical and simple solutions.

    Capital Markets: Securitisation & Derivatives respondentEurope

Notable Practitioners

Provided by Chambers

  • Band 1Yolanda Azanza
    Band 1Yolanda Azanza

    Yolanda Azanza

    Leading practitioner Yolanda Azanza is widely appreciated for her in-depth expertise in all debt capital markets topics. She is particularly sought after by leading international financial institutions as managers on complex note issuances and programmes, as well as Tier 1 preferred securities.

    • She is involved in every single detail of her work. I would highlight her great technical expertise as she is someone who resolves things.

      Capital Markets: Securitisation & Derivatives respondentEurope
    • Yolanda Azanza's work is exceptional. She combines deep technical knowledge with great management skills and customer service.

      Capital Markets: Securitisation & Derivatives respondentEurope
    • She has impressive capacity and is highly motivated.

      Capital Markets: Securitisation & Derivatives respondentEurope
  • Band 3Carlos Pérez Dávila
    Band 3Carlos Pérez Dávila

    Carlos Pérez Dávila

    Carlos Pérez Dávila is recognised for his presence on debt-related capital markets mandates as well as securitisation transactions. He assists with large EMTN programmes as well as note issuances, with further capabilities in structured finance issues.
    • Carlos Pérez Dávila is very creative and flexible. He has a client focus and involves himself highly in transactions.

      Capital Markets: Securitisation & Derivatives respondentEurope
    • Carlos is always available and accessible. We feel very comfortable working with him.

      Capital Markets: Securitisation & Derivatives respondentEurope
    • Carlos is valued for his vast experience in complex transactions and for his excellent treatment and closeness to his clients.

      Capital Markets: Securitisation & Derivatives respondentEurope

Ranked Individuals at Pérez-Llorca (2)

Spain

Members

Provided by Pérez-Llorca

Pérez-Llorca has rankings in the following guides

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