Slaughter and May, working as a team with Uría Menéndez, advised CaixaBank, S.A. on its issue of EUR 594.3 million 4.50% unsecured bonds due 2016 exchangeable for ordinary shares of Repsol S.A., with an Issuer cash settlement option.

Morgan Stanley & Co. International plc and Citigroup Global Markets Limited acted as Joint Bookrunners. Application will be made for the bonds to be admitted to listing on the official list of the Irish Stock Exchange and admitted to trading on the regulated market of the Irish Stock Exchange.

CONTACTS

Financing: Miranda Leung (partner), Azadeh Nassiri (associate), Cristina del Rivero (associate), Rachael Pape (associate)

Uría Menéndez: Capital Markets: Alfonso Ventoso del Rincón (partner), Jaime Tarrero Martos (associate); Tax: José Gabriel Martínez Paños (senior associate)