Netherlands > Asset finance and structured finance
Asset finance and structured finance
Allen & Overy LLP is particularly recommended for its expertise in derivatives, an area in which Gerard Kastelein leads the team, as well as covered bonds and securitisations. Ellen Cramer-de Jong is recommended for structuring funds. Recent matters include advising AEGON on a Rule 144A RMBS transaction and assisting RBS with drafting the multiple total return swap facility for SNS Bank’s covered bonds programme. Recently promoted counsel Jennifer de Lange specialises in derivatives.
Clifford Chance has a strong reputation for derivatives transactions, and also advises domestic and international financial institutions on structured finance transactions. Counsel Hein Tonnaer specialises in asset finance, with recent mandates including aircraft leasings, financing sales and refinancings. Clients include Eneco, ABN AMRO and ING Bank. Jelle Hofland and Bas Boris Visser are also recommended.
NautaDutilh acted for SNS Bank, Achmea and NIBC on updates to covered bond programmes; SNS Bank and Lowland 1 on a mortgage-backed securitisation; and ABN AMRO on a €10bn Fishbowl Master Issuer Programme. Willem Ruys, Michaëla Ulrici and Arjan Scheltema lead on securitisation matters.
Baker & McKenzie Amsterdam N.V. is particularly recommended for derivatives transactions and its ‘hands-on partner involvement’. Derivatives and structured finance specialist Corinne Schot is ‘enthusiastic and knowledgeable with a rare-to-find personal touch’. She recently advised the liquidators of two Lehman Brothers entities on unwinding derivative portfolios. Philippe Steffens acts for investment banks and financial institutions on securitisation work, and advised Novapars Capital on its acquisition of a Dutch loan receivables credit portfolio.
De Brauw Blackstone Westbroek has ‘a good team dedicated to the aircraft business’, including lease financings. Menno Stoffer advised VION on increasing its securitisation facility with Rabobank and DZ Bank. Other clients include Ex-Im Bank, UBS, DVB Bank and Dutch Railways. Berend Crans has recently advised various banks on refinancing debt in US leveraged leasings.
Freshfields Bruckhaus Deringer’s newly promoted partner Mandeep Lotay (‘an ever-rising star’) advised Citibank and Rabobank on the STORM 2012-II Dutch RMBS securitisation programme and also acted for NIBC Bank on restructuring a €1bn collateralised loan obligation (CLO) transaction. Thijs Flokstra advises Air Berlin and AerCap on local law aspects of aircraft acquisition financings.
Loyens & Loeff is particularly recommended for ship finance. Mariëtte van ‘t Westeinde, who specialises in securitisation and structured finance matters, recently handled various domestic RMBS transactions, including restructuring work for BNP Paribas. Gianluca Kreuze leads on asset finance mandates, including project, aviation, rolling stock and real estate financings.
Stibbe has a strong focus on asset financings, and recently advised HSBC and BNP Paribas on a $2.5bn secured loan to Lundin Petroleum. Maarten de Bruin has experience in structured real estate finance. He advised Q-Park on a €1.1bn refinancing facility and also assisted Vesteda with a €625m floating rate notes issuance. Jaap Willeumier heads the practice.
Boekel De Nerée’s strong reputation in property finance attracts numerous restructuring mandates. Angelique Thiele’s experience covers structured finance in the real estate and property sectors, with recent clients including Eurohypo and Maarsen Groep. Hans Sachse provides regulatory expertise.
Houthoff Buruma has been focusing on the restructuring of real estate asset portfolios, with Loet Venrooy recently advising Hatfield Philips on a €300m-plus securitised portfolio. The practice also advised purchasers on acquiring Opera Finance’s distressed portfolio.
Linklaters is particularly recommended for structured finance transactions, and recent highlights include advising the joint lead managers on a Dutch RMBS deal which was notable as being the first to be sold in US dollars. Clients include JPMorgan, Goldman Sachs and ING. Kees Westermann has ‘a rare ability to oversee the commercial mechanics of transactions’ on covered bonds and securitisation.
Norton Rose LLP has strong business and industry experience across asset and structured financing transactions. Key clients include Rabobank, Gilde, ING and BNP Paribas. Ship finance expert Wouter Hertzberger is ‘able to master innovative and complex transactions quickly’, and Gijs van Leeuwen focuses on aviation-related financings.
Simmons & Simmons LLP’s Daphne Brinkhuis leads on structured finance and securitisation. The practice recently advised UBS and Deutsche Bank on structured note issuances.
Roel Botter leads Van Doorne’s team, which handles leasing, property and asset finance transactions for clients including CIT Group, Aareal Bank and BNP Paribas Leasing Solutions.