We handle all types of debt and equity capital markets issues, including the use of derivatives and the issue of debt instruments by special purposes vehicles, Portuguese credit linked notes and the structuring of synthetic and true sale securitisations.

Macedo Vitorino' partners have the capacity and the expertise to advise on:

• Listings and equity offerings in Euronext Lisbon
• Bond issues
• Commercial paper
• Mergers and acquisitions
• Take-overs on behalf of bidders and targets and management buy-outs
• Electronic trading of securities
• Securitisations
• Restructurings
• Regulatory matters

We have experience in international and local acquisition finance matters, the incorporation of special purpose financing vehicles, the issue of debt instruments and the structuring of security packages that may include personal guarantees and security interests over real estate property, securities, business establishments, receivables and other assets.

Our acquisition finance lawyers are prepared to advise on a full range of asset financing, corporate and regulatory legal issues including:

• Leveraged buy-outs and management buy-outs and buy-ins
• Private equity
• Security issues
• Financial assistance
• Tax
• Competition law
• Regulatory matters
• Corporate law
• Employment law

We represent lenders and borrowers in corporate and public finance transactions. Our corporate finance lawyers advise on all types of legal, regulatory and tax matters, as may be required to implement more complex and innovative structures.

The firm is prepared to advise on a full range of banking legal issues including:

• Corporate and sovereign lending and borrowing
• Security agreements
• Acquisition and take-over finance
• Asset finance and leasing
• Real estate financing
• Derivatives
• Securitisations
• Restructurings
• Securities law issues
• Capital adequacy and regulatory matters

We have the expertise to advise on complex project financing schemes and public/private partnerships, both in government led projects as in major private projects, whether on limited or non-recourse financings. Our practice covers all aspects of project finance, acting for both borrowers and lenders.

Our project finance lawyers can advise clients in the development of projects in:

• Hospitals
• Prisons
• Energy
• Telecommunications
• Transport
• Water and waste
• Infrastructure

Since the incorporation of the firm we have advised clients in several cutting edge transactions, including the use of derivatives financial products, the issue of debt instruments by special purposes vehicles, Portuguese credit linked notes, synthetic and true sale securitisations and cross border lease structures.

Macedo Vitorino assists its clients in:

• Structured transactions
• Securitisations
• Swaps, equity derivatives and futures
• Netting and collateral management
• Dealing with corporate, sovereign and municipal entities
• Drafting of specific language, in particular adapting the International Swaps and Derivatives
• Association (ISDA) Master Agreement and other standard forms of documentation to the Portuguese legal environment
• Tax implications of derivatives transactions
• Capital adequacy and regulatory matters

Our banking and capital markets group handles all aspects of project finance and public/private partnerships. We have the expertise to advise on all aspects of project financing, both in government led projects as in major private projects, whether on limited or non-recourse financings.

We have experience in:

• Choice of the project vehicle
• Project company due diligence
• Privatisation and competition matters
• Project finance
• Security
• Construction of plants and facilities
• Maintenance and operations agreements
• Environmental and local planning issues
• Regulatory aspects
• Tax aspects