M L

Sobre Nós

Pesquisa

A Sociedade

Chambers Europe

A competitor describes the merger between MLGTS and CPPX as “the perfect match; Osório de Castro brought his outstanding capital markets expertise to a firm more specialised in banking and finance, but with superior resources and structure.” Commentators are in no doubt that the combined force is a top-tier player, with several singling it out as “the best firm in Portugal for capital markets.” The team handles the gamut of work in the area, with representation of the bidders in the PT and BPI takeovers taking up considerable time of late. Ongoing advice to key clients such as EDP, and a series of securitisations also kept the firm busy. Clients/Work Highlights: The team advised Investifino on the acquisition of the total share capital of Grupo Soares da Costa, one of Portugal’s largest construction companies. Other highlights include assisting 093X - Telecomunicações Celulares with the EUR350 million roll-up into Sonaecom, involving a share capital increase in Sonaecom to be subscribed in kind by 093X with a 25.72% shareholding in Optimus. In the securitisations field, the firm advised Millennium bcp as originator on the sale and securitisation of a EUR1.5 billion portfolio of mortgage-backed receivables. It also assisted the European Investment Fund as guarantor in the sale and securitisation of a EUR500 million portfolio of SME loan receivables by BES, and Société Générale in the LG Electronics trans-European securitisation programme of trade receivables.

Legal 500

Tier 1

Capital Markets

2007

Advogados

Chambers Europe

Hugely respected in the capital markets field, the “superb” Carlos Osório de Castro is “one of the most creative minds in the Portuguese legal market,” observers concur. Clients admire his “well-prepared, quiet and calm approach,” pointing out that “however complex the issue, he always manages to give an imaginative and fully justified answer.”

Filipe Lowndes Marques

Band 2 Capital Markets: Securitisation
2007