José Víctor Torres

About

José Víctor is a partner at the firm since 2000 and founder of the firm’s finance and banking practice group, currently consisting of more than 40 lawyers.

He is a seasoned financial lawyer with ample experience as lead counsel in complex cross-border transactions, financings, securities, mergers and acquisitions. His experience includes transnational financings, syndicated loans and leasing, as well as rendering legal opinions required for public offerings in local and foreign capital markets. He has also been selected as member of the board of directors of several companies.

“provides top-notch legal advice while being commercially practical and always responsive” Chambers and Partners

Over the years, he has represented companies from both highly regulated and non-regulated sectors, including private equity firms, investment funds and companies in the telecommunication and real estate industry.

He worked as foreign associate at Dewey Ballantine, LLP.

Experience

Counsel to IFM Global Infrastructure Fund, in the US$2.6 billion global acquisition of OHL’s infrastructure concessions division, as well as in the mandatory acquisition tender offer launched in the Mexican Stock Exchange as a result of the global acquisition, for 100.00% of the public shares of OHL’s Mexican subsidiary. This transaction has received the award of “2018 Private Equity Deal of the Year” by Latin Finance.
Counsel to IFM Investors (global fund manager) in the negotiation and execution of a stock purchase agreement to acquire a 25% equity participation in Organización de Proyectos de Infraestructura, S. de R.L. de C.V (OPI), a wholly-owned subsidiary of OHL México, S.A.B. de C.V., one of the main infrastructure operators in Mexico (which owns the Circuito Exterior Mexiquense 110 km toll-road in the State of Mexico), for approximately US$600 million and in the Pesos $8,644 million add-on transaction with OHL México, for an additional acquisition of 24.01% of the equity of Organización de Proyectos de Infraestructura.
Counsel to Mexican information-technology leader KIO Networks in its global 144A-Reg S note issuance for US$500 million with Citigroup, Goldman Sachs, J.P. Morgan and Morgan Stanley, acting as joint book runners and Barclays acting as co-manager, to leverage a portion of its acquisition of technology and telecommunications rival RedIT (MetroNet).
Counsel to Mexican information-technology leader KIO Networks, in its acquisition of technology and telecommunications rival RedIT (MetroNet) for approximately US$400 million, including obtaining telecom regulatory approvals and antitrust clearance.
Counsel to J.P. Morgan Securities LLC, Citigroup Global Markets Inc. and Nomura Capital Investment Co., Ltd in the US$150,000,000 Secured Revolving Facility and US$1.1 Billion Term Facility to Arysta LifeScience Corporation.
External securities counsel to Nissan-Renault Finance Mexico in the issuance and placement of over US$1.5 billion in certificados bursátiles. Counsel and the launching and renewal of its US$1 billion debt securities program and the various takedowns under such program.
Counsel to Metalsa, a global leading supplier of structural chassis for automotive and commercial vehicle markets in North America, in its market debut of USD$300,000,000 144A/REG-S investment-grade offering.
External counsel to PEMEX in the issuance of over US$4 billion in public debt securities.
Counsel to Credit Suisse and a syndicate of lenders, in the financing of USD$575 million to Kerzner Group, a leading international developer and operator of destination resorts, casinos, and luxury hotels, including among others, the Palm in Dubai, United Arab Emirates, and the One and Only Hotel in los Cabos, Mexico.
Counsel to Wells Fargo, as agent, and a syndicate of lenders, in the financing of USD$500 million to Ravago Group, one of the world’s largest plastic derivative raw materials supplier.
Counsel to Grupo Name and Modatelas, the preeminent cloth, woven materials and drapery company in Mexico, in the sale of a minority equity participation to Nexxus Capital Private Equity Fund V.
Counsel to Private Equity Firm Wamex and Multinational Industrial Fund II and Fund II CKD in its equity investment in City Express Hotels and the subsequent exit divestment through an IPO.
Counsel to Citibank and Barclays Capital in relation with a joint venture by INEOS and BASF on their styrenic businesses and assets, including a revolving credit facility and a high-yield bond issuance.
Counsel to Pardus Capital Management and a group of other leading private equity investors, in the corporate reorganization and spin-off of a certain business of Delphi in México, arising from the approximately US$2.55 billion worldwide Chapter 11 reorganization of Delphi Corporation.
Counsel to the German Government Private Equity Bank DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH and private equity firm Wamex/Multinational Industrial Fund in their strategic equity investment in major retail operator Bodesa, owner and operator of “La Marina” and “Bodegón” department and retail stores.
Counsel to Qualcomm Incorporated in the implementation of a US$1.4 billion Senior Secured Vendor Financing Facility to Pegaso Telecomunicaciones (currently Telefónica Movistar).
Counsel to GICSA, one of Mexico`s foremost real estate developer, in a US$1.2 billion financing provided by General Electric Real Estate Mexico.
Counsel to Macquarie Capital in its business establishment process in Mexico.
Counsel to Votorantim Metais in its participation of a private offer of a major steel industrial plant in Mexico for an amount of approximately US$1 billion.

Areas of Practice

Awards & Recognitions

Corporate and M&A leading individual, The Legal 500

Banking and Finance ranked lawyer, Chambers and Partners

Banking and Corporate/M&A, Latin Lawyer 250

Corporate and M&A leading lawyer, The Legal 500

LACCA Approved lawyer in Banking and Finance, Latin America Corporate Counsel Association, being selected for inclusion in LACCA: Thought Leaders 2019

Highly regarded lawyer in Banking and Finance, Capital Markets, M&A, Private Equity, Restructuring and Insolvency, IFLR 1000

Corporate and M&A law recognized lawyer, Best Lawyers

Banking and Finance law recognized lawyer, Best Lawyers

Education

LL.M., University of Texas, Austin, Texas J.D. (law degree equivalent), Universidad Iberoamericana, Mexico City, Mexico

Memberships

Ilustre y Nacional Colegio de Abogados Instituto Mexicano de la Mediación, Member and Secretary

Publications & Collaborations

Banking & Finance Guide 2019, Mexico Chapter, Second Edition, published by Chambers & Partners

Languages

Spanish – English