Jesús Miralles de Imperial

Mr. Miralles de Imperial’s experience includes advising:

Acquisition financing of NPLs’ and properties’ (REOs) portfolios

• A US asset manager in the refinancing of four portfolios of Spanish NPLs and REOs
• Cerberus in the financing of a portfolio of Spanish NPLs acquired to CaixaBank
• The lender on the €142 million financing of the acquisition of a portfolio of Spanish non-performing loans and REO properties
• Cerberus in the acquisition and financing of a portfolio of NPLs acquired to Kutxabank and CajaSur
• Intriva Capital Partners in the acquisition of an NPL portfolio from Bankinter

Structured Finance

• KKR in the context of the Series C financing round of REVEL, a Spanish car subscription
• A major European bank as lender in a €585 million warehouse financing of Spanish consumer loans and credit card receivables
• Chenavari Investment Managers in the issuance of senior and subordinated notes by a Luxembourg securitization fund for the purposes of the acquisition of receivables arising from point of sale consumer loans originated by SeQura Worldwide
• An international investment bank in a €150 million equipment lease receivables financing to a Portuguese operator

Real Estate Finance

• The lender in a loan-on-loan transaction with three underlying transactions in respect of properties in Spain and Portugal
• A European real estate investment firm in the financing of a portfolio of supermarkets
• A US asset manager in the financing of its hotel platform in Spain
• Hyatt Hotels Corporation in its US$2.7 billion acquisition of Apple Leisure Group, a leading luxury resort-management services, travel, and hospitality group
• Activum on the acquisition of Hotel Nobu, located in Barcelona’s emblematic Torre Catalunya, from Selenta Group
• Tristan Capital Partners in relation to the syndicated development financing of a joint-venture development with Acciona Inmobiliaria of an office complex
• A syndicate of lenders in the financing for the acquisition of Aelca by Vía Célere (a portfolio company of Värde Partners)
• Activum in the financing for the development of the first Hard Rock Hotel in Continental Europe
• Activum in the credit facility provided by Banco de Sabadell to refinance the acquisition costs and finance the development costs of the Hampton by Hilton Hotel in Barcelona
• Partners Group on its joint venture with Aristeas, a Spain-based platform for investment in logistic real estate assets

Restructuring and Special Situations

• A creditor on the first use of the Spanish restructuring plan of a Spanish steel manufacturing company
• The ad hoc group of bondholders in the bridge financing to Naviera Armas, in the context of its restructuring process
• The creditors committee in relation to the comprehensive restructuring of Swissport, including a €1.9 billion debt-for-equity swap and a new €500 million long-term debt facility
• KKR and Grupo Gallardo on the refinancing of a senior facilities agreement, a second lien facilities agreement and working capital lines, in the context of the distressed sale of Grupo Gallardo to Cristian Lay
• The creditors committee in relation to the €625 million debt and equity restructuring of Deoleo, a Spain-based global olive-oil producer