Recent Significant Transactions
| Client |
Project |
Amount |
Role |
Westernbank Puerto Rico |
Construction Loan to Lofts at Ponce de León, Inc. for condominium |
$75,500,000 |
Lender's Counsel |
UBS Financial Services Incorporated of Puerto Rico |
Organization of U.S. Large Cap ETF Portfolio I of the Multi-Select Securities Puerto Rico Fund |
N/A |
Fund Counsel |
Thor Properties LLC |
Defeasance of Senior Credit Facilities |
$54,283,583 |
Borrower’s Counsel |
Government Development Bank for Puerto Rico and ASSMCA |
Refinancing of Credit Facilities by means of Bond Issue |
$39,800,000 |
Lender’s and Issuer’s Counsel |
AFS Puerto Rico, L.L.C. |
Acqusition of Site for the Development of a Shopping Center |
$11,500,000 |
Purchaser's Counsel |
Westernbank Puerto Rico |
Construction Loan for the Construction of the Quantum Condominium |
$101,200,000 |
Lender's Counsel |
Posadas de San Juan Associates, El Conquistador Partnership L.P., S.E., and Posadas de Puerto Rico Associates L.L.C. |
Senior Mortgage Loan |
$1,300,000,000 |
Puerto Rico Counsel on Real Estate Matters |
J.P. Morgan Securities Inc. |
Issuance of Municipal Securities by Puerto Rico Electric Power Authority |
$1,943,565,000 |
Underwriter's Counsel |
Intermedia Capital Partners VII |
Acquisition of Televicentro of Puerto Rico, LLC (Channel 4) |
$130,000,000 |
Purchaser's Counsel |
UBS Financial Services Incorporated
of Puerto Rico |
Organization of Short-Term Investment Fund |
$300,000,000 |
Fund's Counsel |
Storage Partners #1, S.E. |
Sale of self-storage business (AAA Mini Almacenes Públicos) |
$64,000,000 |
Seller's Counsel |
Abbott Laboratories |
Acquisition of vascular business of Guidant (Puerto Rico aspects) |
$4,100,000,000 |
Purchaser's Counsel |
UBS Financial Services Incorporated
of Puerto Rico |
Issuance of Notes by Triple-S Management Corporation |
$95,000,000 |
Placement Agent's Counsel |
Lamar Media Corp. |
Acquisition of QMC Media, Inc. (d/b/a Viu Media) |
$42,000,000 |
Purchaser's Counsel |
Government Development Bank
for Puerto Rico and ASSMCA |
Acquisition of Mepsi Facilities by ASSMCA and related financing |
$34,250,000 |
Lender's and Purchaser's Counsel |
Bank of America |
Credit Facility Barceloneta Outlets |
$34,000,000 |
Lender's Counsel |
CCMG Holdings, Inc. (Merrill Lynch Global Private Equity) |
Acquisition of The Hertz Corporation and related financing (Puerto Rico aspects) |
$15,000,000,000 |
Purchaser’s Counsel |
Eagle Hospitality Properties Trust, Inc. |
Acquisition of Embassy Suites Hotel & Casino |
$57,000,000 |
Purchaser’s Counsel |
Blackstone Group |
Loan from Bear Stearns Commercial Mortgage, Inc. |
$2,750,000,000 |
Borrower’s Counsel |
Wyndham International, Inc. |
Loan from JP Morgan/Chase |
$475,000,000 |
Borrower’s Counsel |
UBS Financial Services Incorporated
of Puerto Rico |
Organization of Puerto Rico AAA Portfolio Bond Fund II, Inc. |
$300,000,000 to $500,000,000 |
Underwriter’s Counsel |
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