Broseta Abogados has a long tradition of legal advice to companies on stock market regulations, and has obtained considerable knowledge about the difficulties generated both for companies and private individuals in their dealings with the stock exchange. We have also advised financial institutions with regard to debt issue operations and compliance with banking regulations. The firm has been the legal advisor for the Valencia Stock Exchange since its founding. (+) more
(+) Our vast experience in working with the medium and large companies within our portfolio of clients allows us to provide advice regarding company financing (both with equity and debt), establishing and negotiating the necessary instruments (mezzanine finance, subordinated debts, leasing, etc.) best adapted to the particular situation of each company. Within this field of activity, we regularly collaborate with financial consultancy companies.
Broseta Abogados has also participated actively in large structured financing operations -particularly in the field of infrastructure financing. Some of these operations, due to the type of infrastructure and financial instruments involved, were the first of their kind within the European context.
Our lawyers are familiar with the contractual and economic complexity of this type of structured financing operations and project finance, and with the various interests and objectives of the companies involved in them, which entail multilateral negotiation that requires particular experience, skill and leadership.
Broseta Abogados has offered advice on this type of transaction to both the infrastructure development companies and financial institutions, as well as tenders for public works concessions.
As legal advisors to the Valencia Institute of Finances (I.V.F. - the organisation responsible for handling Public Debt and coordinating the debts of public companies within the Valencia Region), the firm has played a particularly important role in the field of public finances. The deficit and public debt-related budget restrictions of recent years have enabled Broseta Abogados to gain vast experience in the analysis of public infrastructure financing projects in compliance with the national accounting regulations contemplated by the European System of Accounts (ESA-95).
Experience:
Outstanding projects:
- Broseta Abogados provides regular legal advice to BANKINTER (one of the largest banks in Spain) in relation with all its controversies, enquiries, questions, disputes, etc. deriving from the commercial activity of the bank in the whole region of Valencia
- Broseta Abogados has been since many years ago the legal advisor of the Valencian Finance Institute (IVF) (public institution of the Government of Valencia for finance issues).
- Apart for the advice on the debt issues, Broseta Abogados has been advising the Government of Valencia during last few years on all the relevant financial issues carried out by the Government of Valencia.
- Likewise, Broseta Abogados are the regular advisors of the Valencia Stock Exchange since its creation on all legal aspects deriving from its normal trading and commercial activity.
- Broseta Abogados provides regular legal advice to insurance company ASEVAL in relation with tax, litigation and some corporate issues. ASEVAL is an insurance company participated by BANCAJA and the UK’s insurance group AVIVA.
- Legal advice to the consortium awarded the contract for the construction and exploitation of the “Costa del Azahar” Airport in Castellón.
- Legal advice provided to an exhibition centre regarding the financing structure of its extension project at a cost in excess of 300,000,000 euros, including the issue of quoted debentures and a long-term EIB loan.
- Legal advice to public universities regarding the financing of an investment plan costing over 400,000,000 euros.
- Legal advice regarding the finance structuring of the transfer of a loan portfolio deriving from the deferred-payment sale of state-subsidised housing for an overall sum in excess of 90,000,000 euros.
- Legal advice provided to a financial institution in relation to financing-structure design for underground and tram lines in a number of Spanish cities.
- Legal advisors to the Governing Body of the Valencia Stock Exchange.
- Issue of subordinated debentures for several Spanish financial institutions.
- Negotiation of the Valencia Region Euro Medium Term Note Programme and legal advice regarding the periodic issue of bonds quoted on the Luxembourg Stock Exchange.
- Negotiation with various Spanish and foreign financial institutions of derivatives programme contracts (under ISDA and CMOF standard models) as well as guaranteed derivatives programmes.
- Advice provided to a leading French financial institution regarding the issue and investment of structured bonds.
