Javier Pichardini

Associate

About

Javier Pichardini is a financial, infrastructure, energy, and corporate law associate in the firm's Mexico City office. His practice focuses on structured finance, project finance, international financing and infrastructure matters.

Javier has over 16 years of experience representing financial institutions and debtor companies in relation to structured financing, project financing, international financing, and restructurings.

Areas of FocusFinance Structured Finance and Securitization Projects and Project Finance Infrastructure, Construction and Transport Restructuring Energy and Natural Resources

Bar admissionsMexico

EXPERIENCE

Advised Grupo Cox (Cox), a leading Spanish multinational water and energy company, in its acquisition of Iberdrola's power generation assets in Mexico for US$4.2 billion
Advised on financing of one of the largest solar farm projects in Latin America, deriving from the second long-term energy auction for the wholesale electric power market organized by the National Energy Control Center (CENACE) of Mexico and developed by a consortium led by a major Spanish operator in renewables, with a US$264 million financing (MIREC 2019 Project of the Year award)
Advised lenders, including Banco Santander México, Banorte and Banobras, in the MXN$6.5 billion debt restructuring and amendment of a credit facility for a federal penitentiary infrastructure project operated by Blackrock
Advised a bank syndicate, including Banco Santander, BBVA and Banorte, in a MXN$6.2 billion syndicated credit facility to Servicios Broxel for financing electronic voucher operations
Advised Alsea, a multi-brand restaurant operator with operations in Mexico, Latin America and Europe, in its more than US$1 billion debt restructuring and related US$500 million issuance of senior notes due 2026 and €300 million of senior notes due 2027 issued by a subsidiary
Advised Banco Compartamos S.A. Institución de Banca Múltiple, Mexico's largest microfinance institution, in obtaining US$70 million in loans from Citi, the US International Development Finance Corporation (DFC) and the Japan International Cooperation Agency (JICA), to be used to provide loans to primarily women-owned small businesses in Mexico
Advised Grupo Cox in obtaining a US$2.6 billion bridge loan from a bank syndicate for the acquisition of Iberdrola’s power generation assets in Mexico
Advised Automotive Rentals, Inc., a leading US fleet management and vehicle leasing company, and ARI Fleet Services, as borrowers, in obtaining a MXN$1 billion revolving credit facility from Scotiabank for fleet financing operations in Mexico
Advised Banco Inbursa in a US$40 million credit facility to ANA Buyer, LLC and ANA de México for the acquisition of ANA Global and related real estate assets
Advised Bancomext (Mexico's export credit agency), in the MXN$400,000,000 financing to Mota Engil, a leading Portuguese conglomerate in the construction sector, for the development of Parque Urbano Aztlan, a multi-purpose park in a space of 6 hectares within the Bosque de Chapultepec in Mexico City
Advised Grupo Sports World, one of the largest managers of family sporting clubs in Mexico, in the refinancing of debt with HSBC, Banco Santander and Arrendadora Actinver, achieving financial flexibility during a general suspension of operations deriving from the COVID-19 pandemic
Advised Fondo de Transporte Mexico (today Grupo Traxion), a holding company of leading subsidiaries in the logistics, cargo, personnel and student transportation sectors, in various acquisitions of transportation companies and rounds of financings with leading private equity firms in Mexico
Advised real estate development group controlled by Bankia and CaixaBank in its divestment of prime real estate assets in Cancun, Playa del Carmen and Los Cabos
Advised Banobras, the largest state-owned development bank in Mexico, on various financings for the provision of transport services, conditioning and recovery of fluids, during drilling, completion and repair of wells
Advised Crédito Real, a publicly traded financial services provider, in its US$500 million issuance of senior notes due 2028, as well as in the concurrent tender offer and consent solicitation for US$215 million, in connection with its 7.250% Senior Notes due 2023
Advised lenders, including Bancomext (Mexico's export credit agency) and Actinver, in the MX$1.8 billion financing to a leading Mexican airline
Advised Crédito Real, a publicly traded financial services provider, in obtaining various bilateral and syndicated financings with Credit Suisse AG, BNP Paribas, and Barclays Bank PLC.
Advised Biofields (now Grupo Alego) in a subordinated loan from Banco Santander for capital financing for one of Mexico’s largest photovoltaic power stations
Represented investment banking firms as underwriters in various IPO and follow-on securities offerings of Mexican REITS (FIBRAS)
Advised on financing for the construction and operation of a US$196 million, 118-megawatt wind farm in the Mexican state of Tamaulipas, developed by a Spanish Mexican renewable energy company

Languages

Awards

The Legal 500 Latin America

Recommended, Mexico Banking and Finance, (2023 – 2024)
Recommended, Mexico Mergers and Acquisitions, (2023 – 2024)

Education

Master of Laws, Universidad Panamericana, 2024

Postgraduate Degree in Finance and Corporate Law, Universidad Panamericana, 2016

Law Degree, Universidad Panamericana, 2015
Academic Excellence Scholarship

Publications

"The Trust: A suitable legal instrument for securing finance transactions and infrastructure projects in Mexico" May, 2023

Prior Experience

Prior to joining DLA Piper, Javier was Legal Director of the Project Finance Division at a major bank in Mexico. He also worked as an associate at a large transactional law firm in Mexico City.