PatriciaVela

Associate

Madrid + 34.91.787.9498

Patricia Vela's practice is concentrated in the areas of banking and finance, restructuring, and insolvency law. She represents Spanish and international clients in a wide range of transactions including corporate, project, and structured finance; debt trading; refinancing; insolvency proceedings; distressed M&A; and corporate restructuring.

Patricia has participated in domestic and cross-border financing transactions acting on behalf of lenders and borrowers, multinational banks, investment firms, and domestic and international private sponsors.

Patricia's experience includes the representation of clients operating in many sectors, including, among others, financial services, energy, infrastructure, and real estate.

Experience

  • Leading automotive components and systems supplier obtains $100 million senior secured term loan facilityJones Day represented a leading automotive components and systems supplier in connection with a $100 million senior secured term loan facility.
  • Spanish securitization fund acquires distressed debt of Spanish motorway concessionairesJones Day represented a Spanish securitization fund sponsor in the acquisition of the distressed debt of a bankrupt Spanish motorway concessionaires.
  • CBRE Global Investors disposes of Spanish logistics portfolio to BankinterJones Day advised CBRE Global Investors, on behalf of its value-add fund European Value Partners (EVP 2), and its joint venture partner Valfondo (a developer and manager of Montepino logistics assets in Spain) on the sale to Bankinter of a portfolio of 22 Spanish logistics assets, totaling 865,000 sqm, together with a development pipeline of a further 13 logistics assets.
  • TD Securities provides $450 million acquisition financing to Whole Earth Brands, Inc.Jones Day advised TD Securities (USA) LLC, as arranger, in connection with the refinancing of a previous credit facility to include a $450 million senior secured credit facility comprised of a $375 million term loan and a $75 million revolving credit facility to Whole Earth Brands, Inc., a leading global manufacturer of natural, plant-based, clean label, and zero or low-calorie sweeteners.
  • Banca PSA Italia originates new securitization of auto loans arranged by Banco SantanderJones Day advised Banca PSA Italia, as originator, and Banco Santander, S.A., as arranger, on a new securitization of auto loans originated by Banca PSA Italia for refinancing purposes.
  • TD Securities arranges $190 million acquisition financing for Whole Earth Brands, Inc.Jones Day advised TD Securities (USA) LLC, as arranger, in connection with a $190 million senior secured credit facility comprised of a $140 million term loan and a $50 million revolving credit facility to Whole Earth Brands, Inc, a special purpose acquisition company (SPAC).
  • Santander Consumer Bank and Banco Santander securitize consumer credit deriving from loans granted by Santander Consumer Bank worth over €700 millionJones Day advised as drafting counsel Santander Consumer Bank, as originator, and Banco Santander, S.A., as arranger, in the securitization of consumer credit deriving from loans granted by Santander Consumer Bank worth over €700 million.
  • Banco de Sabadell provides financing for construction and operation of two photovoltaic solar plants in BadajozJones Day provided legal advice to Banco de Sabadell, S.A. in connection with the structuring and implementation of the financing for the construction and entry into operation of two photovoltaic solar plants of 50 MW of nominal power each and its corresponding evacuation infrastructure located in Badajoz.
  • BBVA, Bankia, and Banco de Sabadell provide €163 million financing to IPA Capital for acquisition of Productos Alimenticios GalloJones Day represented a syndicate of financial entities in which Banco Bilbao Vizcaya Agentaria, S.A. (BBVA); Bankia, S.A.; and Banco de Sabadell, S.A., acted as mandated lead arrangers and underwriters.
  • Merchant banking firm and Fortress Credit provide secured credit facility to Win SystemsJones Day represented a merchant banking firm and Fortress Credit Corp. in connection with a secured credit facility provided to Win Systems, an international developer of gaming machines software and manufacturer of gaming machines.
  • Ad hoc group of senior secured lenders advised in landmark restructuring of the syncreon groupJones Day acted for the ad hoc group of senior secured lenders in the landmark restructuring of the global logistics syncreon group which was implemented via English Schemes of arrangement, with chapter 15 recognition in the U.S. and CCAA recognition in Canada.
  • Whisbi receives €5 million investment from Cipio PartnersJones Day advised Whisbi in connection with the €5 million investment in Whisbi by Cipio Partners, a private equity fund.
  • Syndicate of lenders provide financing to ProA Capital for acquisition of IPDJones Day provided legal advice to a syndicate of lenders formed by BBVA and Bankia (currently, Caixabank) in connection with the acquisition financing by ProA Capital of the Spanish company IPD, a leading company of compatible prosthetic abutments for dental implants in the Spanish and European markets.
  • Crestline Direct Finance provides $125 million senior secured term loan to subscription based online retailerJones Day advised Crestline Direct Finance, as administrative agent, collateral agent, and sole lead arranger, in connection with a $125 million senior secured term loan facility provided to a subscription based online retailer.
  • Whisbi Technologies obtains term loan facility and negotiates Share Option AgreementJones Day represented Whisbi Technologies, S.L. in connection with a term loan facility agreement provided by Columbia Lake Partners Growth Lending I (Luxco), S.à.r.l. and negotiation of a Share Option Agreement by virtue of which the shareholders of Whisbi granted a share option right and an equity investment right to Columbia Lake Partners, in connection with the financing granted by them to Whisbi.
  • Ferro acquires Quimicer SAJones Day advised Ferro Corporation in its acquisition of Quimicer S.A.
  • CBRE Global Investment Partners acquires 6,458-unit portfolio of Spanish residential properties for €870 millionJones Day advised CBRE Global Investment Partners in connection with its acquisition of a 6,458-unit portfolio of Spanish residential properties valued at €870 million.