Global law firm Ashurst has advised Société Générale, as agent for the lenders, in relation to the financing of the sale and leaseback of 27 of Mercadona's supermarket sites in Spain which was entered into between LCN Capital Partners, a recognized leader in the primary sale-leaseback and build-to-suit markets, and Mercadona, one of the leading physical supermarket and online shopping companies in Spain.
This transaction was led by Madrid based English law finance partner, Nick Pawson, assisted by a multidisciplinary team involving finance, tax and real estate teams from both the Madrid and the Luxembourg offices. The wider team comprised of partners Jose Christian Bertram (finance), Cristina Calvo (real estate), Javier Hernández Galante (tax), Georges Simon (tax) and Fabien Debroise (finance); counsel Irian Martínez (finance) and Conchita Sainz (real estate); senior associates Borja Vázquez (finance), Ricardo García Borregón (tax) and Sam Tetlow (finance); associates Rafael Serrano (finance), Manuela Sanz (finance) and Carmen García (real estate); and trainee India Case (finance).
