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Baker McKenzie

Philippe Steffens

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Work +31 20 551 7410
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Baker McKenzie LLP

Work Department

Banking & Finance

Position

Philippe Steffens specialises in securitisation, debt capital markets, structured credit products, whole loan transactions and CLOs. These matters involve a wide variety of asset classes such as residential and commercial mortgage loans, consumer loans, auto loans and leases and leveraged loans. His clients are mainly financial institutions, investment firms and credit funds. Philippe has a strong expertise in cross-border transactions in the main financial centers as well as emerging markets. For more information, see http://www.bakermckenzie.com/PhilippeSteffens/

Career

Philippe joined Baker McKenzie's Amsterdam office as a partner in September 2006, and has been head of the Banking & Finance practice since 2015. Before joining Baker McKenzie, Philippe spent 9 years at Clifford Chance in both Amsterdam and London.

Languages

Dutch, English, German, French

Member

Philippe is an attorney-at-law in the Netherlands and admitted to the Amsterdam Bar (1996). Furthermore, he is a solicitor in England and Wales (2002).

Education

Philippe received his law degree from the University of Leiden in The Netherlands and holds an LL.M in Taxation from New York University, School of Law.


Netherlands: Banking and finance

Asset finance and structured finance

Within: Asset finance and structured finance

Baker McKenzie’s ‘very good’ practice is rated by clients for its ‘strong knowledge coupled with business and commercial acumen’ in securitisations and derivatives, among other areas. Banking and finance department head Philippe Steffens, who leads on securitisation matters, is acting for various international investment banks (including Morgan Stanley, BNP Paribas, Barclays, Bank of America Merrill Lynch, Goldman Sachs and Credit Suisse) on a number of collateralised loan obligation refinancings valued at approximately €10.5bn. The ‘excellentCorinne Schot leads on derivatives and regulatory matters. Clients include Arrow Global Group, Natixis and ING.

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Borrower side

Within: Borrower side

Baker McKenzie’s ‘excellent’, ‘deal-oriented’ practice is rated for its ‘international network, which is helpful in facilitating cross-border financing transactions’ and recently advised Dutch coal trader Enerco on a €20m term loan facility and $80m borrowing base facility provided by Rabobank. ‘Focused’ counsel Fedor Tanke acted as drafting counsel for APM Holdings and IES Immobilien-Projektentwicklung on a €180m senior financing for a landmark construction project in Amsterdam. Philippe Steffens heads the practice. Marcel Janssen joined Dentons Boekel.

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Lender or arranger side

Within: Lender or arranger side

In addition to acting for traditional lenders, Baker McKenzie’s ‘excellent’ practice has seen an increase in work for alternative lenders such as private equity firms and is assisting China Minsheng Bank with an $800m loan to JAC Capital and Wise Road Capital to finance their acquisition of the standard products unit of NXP Semiconductors. The team includes Philippe Steffens, who heads the wider banking and finance department, and highly recommended counsel Fedor Tanke. Marcel Janssen joined Dentons Boekel.

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Netherlands: Capital markets

Debt

Within: Debt

The key partners at Baker McKenzie are Philippe Steffens, who acted for Arrow Global Group on a £220m high-yield bond issuance, and derivatives expert Corinne Schot. Regulatory advice and bond restructuring are also key strengths of the department, clients of which include Nyrstar and Metinvest.

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