Blanca Vázquez de Castro

  • Associate
  • Plaza de la Independencia 6
  • 28001 Madrid
  • Spain
  • T +34.91.791.5034


Blanca Vázquez de Castro is an associate in the Tax Department of Latham & Watkins’ Madrid office. She represents large Spanish corporates and global private equity firms in strategic cross-border tax matters related to M&A, finance, and restructuring deals. She has particular experience advising on complex transactions in the real estate, telecoms, and financial services industries.



Ms. Vázquez de Castro’s experience includes advising:

  • The global coordinator and joint bookrunners on MásMóvil´s issuance of €720 million of senior guaranteed bonds due 2027
  • Telefónica in a major carve out of all its telecom assets in Central America (Panama, Nicaragua, El Salvador, Guatemala, and Costa Rica) for €2 billion
  • Apollo in the establishment of a hotel platform and the subsequent acquisition of several hotels in Spain
  • Cerberus Capital Management in the acquisition Optimum RE, a Spanish REIT listed in the Spanish alternative stock exchange (Mercado Alternativo Bursátil)
  • Triton Partners in the acquisition of Fertiberia, manufacturer of fertilizers and agricultural chemicals, from Grupo Villar Mir
  • Värde Partners in the €1.1 billion acquisition of an additional 49% stake of WiZink
  • Cerberus Capital Management in the acquisition of a portfolio of non-performing secured and unsecured loans from Kutxabank and CajaSur
  • Sun European Partners in the sale of Famosa, the leading Spanish toy manufacturer, to Italian competitor Giochi Preziosi
  • Värde Partners in the €1.1 billion acquisition of an additional 49% stake of WiZink
  • Hyatt Hotel Corporation in the takeover bid (oferta publica de adquisicion) over NH Hotel Group, S.A.
  • Omnicom in the sale of Sellbytel to Webhelp Group
  • Teladoc in the €352 million acquisition of Advanced Medical, a provider of telehealth services
  • BC Partners in the acquisition of Pronovias Group, world's leading bridal brand
  • Bain Capital and Cinven in the public-to-private takeover of Stada Arzneimittel AG which resulted in the acquisition of 28% of shares from the market and delisting of Stada from the Frankfurt Stock Exchange
  • Promontoria Holding B.V., on behalf of Cerberus Capital Management, in its acquisition of WFS Global Holding S.A.S and its subsidiaries
  • Portobello in the €225 million sale of Multiasistencia to Allianz
  • J.P. Morgan in the €1.4 billion financing of NorteGas Energía Distribución, S.A.U. after its acquisition by Covalis Capital and White Summit Capital, among others
  • Morgan Stanley in the term loan and revolving credit facility in connection with Altran Technologies' €2.6 billion acquisition of Aricent Technologies
  • The lenders (Bankia, Barclays, BBVA, BNP Paribas, Caixabank, Deutsche Bank, ING, Banca IMI, Mizuho Bank, Banco Popular, RBS, Banco Sabadell, Banco Santander and UniCredit) on the €750 million post-IPO refinancing of Parques Reunidos
  • Morgan Stanley and Santander as bookrunners on Naviera Armas’ issuance of €232 million of floating rate notes due 2023 and €300 million of floating rate senior secured notes due 2024
  • The joint arrangers on the update of the €2 billion Euro Medium Term Note Programme by Madrileña Red de Gas Finance B.V., due 2031
  • Banco Santander on the revolving credit facility, concurrent with a €250 million senior bond offering, for ENCE Energıa y Celulosa
  • Globe Specialty Metals in its US$3.1 billion combination with Grupo FerroAtlántica
  • Rottapharm, S.L. (a subsidiary of the Meda Group) in the sale of Euromed, S.A. to Arbelan S.à r.l. (a subsidiary of the Riverside Group)

Thought Leadership

  • Latham Lawyers Discuss Allyship in the Legal Profession -  June 18, 2020
Bar Qualification
  • Spain (Abogado)
  • BA in Law & Business Administration, Universidad Autonoma de Madrid, 2011
  • Financial Institutions
  • REITs
  • Spanish
  • English
  • French
  • International Tax
  • Tax
  • Mergers & Acquisitions
  • Tax Controversy
  • Transactional Tax
  • Private Equity