Banking, finance and capital markets in Luxembourg

Allen & Overy Luxembourg

With a team of some 40 lawyers who focus on banking, finance and capital markets matters, and also able to tap into the expertise and resources from across the firm's network of offices, Allen & Overy Luxembourg has the strength-in-depth to handle a tremendous volume and variety of work for banks, private equity sponsors, corporates and government entities. Team head Henri Wagner has vast transactional and regulatory expertise; he recently advised EFG Luxembourg on the issuance of AT1 notes in order to finance the acquisition of the Luxembourg-based credit institution, UBI Banca International (Luxembourg). André Marc specialises in private banking activities and in the setting up, restructuring and merging of banks; he recently advised ABN Amro Bank on the acquisition by Luxembourg-based banking group BGL BNP Paribas. Formerly in-house at JPMorgan, Paul Péporté has an excellent perspective of transactional and regulatory-related debt and equity capital markets work.

Key clients

EFG Bank

ABN AMRO

Nordea Bank

SEB Fund Services S.A.

Senvion

CrossLend

Work highlights

  • Advised EFG Luxembourg on the issuance of AT1 notes to another entity of the group, in order to finance the acquisition of Luxembourg-based credit institution, UBI Banca International (Luxembourg).
  • Assisted ABN Amro Bank with the acquisition by Luxembourg-based banking group BGL BNP Paribas.
  • Advised SEB Fund Services, a Luxembourg subsidiary of the Swedish banking group Skandinaviska Enskilda Banken, on all Luxembourg law (in particular banking and regulatory) aspects relating to its sale to FundRock Management Company.

Arendt & Medernach

Arendt & Medernach's 'responsive and solution-oriented' sizeable team has the critical mass and breadth of knowledge to be able to effectively resource a substantial pipeline of banking and capital markets transactions, as well as financial services M&A and regulatory matters. Founding partner Philippe Dupont has vast experience and credibility in the market, with his work straddling both bank regulatory and capital markets transactions. François Warken heads up the firm's 'very accomplished' capital markets sub-group, which also includes the 'knowledgeable and resourcefulLaurent Schummer.

Testimonials

The team is responsive and imaginative and is always looking for a market-driven solution.

Laurent Schummer did an outstanding job, advising us on a very complicated transaction.

Key clients

Clearstream Banking

Pictet

Credit Suisse

UBS NoGoldman Sachs

Crédit Agricole

HBSC

Citibank

RBS

Northern Trust

Spotify

European Investment Bank

Toyota Motor Financial Services

Globant

Siemens

Nestlé

SES S.A.

Knorr-Bremse

Neuberger Berman

The Procter & Gamble Company

Work highlights

  • Advised Bank of America Merrill Lynch on the senior and mezzanine facilities to facilitate Colony Capital’s acquisition of a portfolio of over 220 mixed-use assets located throughout France from Société FoncièreImmobilière et de Location and Electricité de France.
  • Advised XXIII Capital, as lender, in the context of the financing granted to entities of a global music and technology company.
  • Acted for Swedish financial institution, Carnegie Bank, on the sale of its Luxembourg subsidiary to the Luxembourg subsidiary of the Swiss bank Union Bancaire Privée.

Clifford Chance

Jointly headed by 'elder statesmanSteve Jacoby and Marc MehlenClifford Chance's four-partner team provides 'outstanding legal advice' to a balanced roster of banks, funds and corporates across the gamut of cross-border and domestic financings. Able to leverage the firm's international network, clients benefit from a 'very cohesive service', which provides 'uniformly strong advice', from both a transactional and regulatory perspective. Jacoby has been at the forefront of the office's fintech initiatives, and alongside the 'proactive and solution-orientedMartin Wurth has also been central to the firm's growing reputation for lenders and borrowers within the fund financing space.

Practice head(s):

Steve Jacoby; Marc Mehlen

Testimonials

No other team in Luxembourg masters the legal aspects of equity bridge facilities as the Clifford Chance team does.

It benefits from unique execution capacity as well as a well-staffed team.

Martin Wurth not only transforms a term sheet into finance documents but he also truly thinks with you and for you to deliver legal documentation which reflects the essence of the deal.

Key clients

Credit Suisse AG

ISLA

Blackstone Group

EQT Fund management

European Investment Fund

BNP Paribas

Standard Chartered

European Investment Bank

Bank of America Merrill Lynch

European Stability Mechanism

Work highlights

  • Advised International Securities Lending Association on the development of the pledge collateral version of its existing global master securities lending agreement.
  • Advised Blackstone as lender on a complex financing provided to Värde for the acquisition of Italian luxury hotel group Gruppo Boscolo with hotels (now known as Dedica Annthology) in Italy, France, Hungary and the Czech Republic.
  • Advised Natwest Markets on a €79m facility agreement for Iovanius, an indirect subsidiary of York Global Finance Offshore, for the financing of a portfolio of asset-backed notes relating to eight projects and issued by Italian securitisation vehicles pursuant to the Italian Securitisation Law.

Elvinger Hoss Prussen

An ever-present fixture for banks and private equity sponsors on the Luxembourg aspects of their most sophisticated banking and capital markets mandates, Elvinger Hoss Prussen is well versed across the spectrum of new money mandates and refinancings, including on big-ticket acquisition financings. Pit Reckinger is 'absolutely brilliant' across both banking and capital markets transactions, and acts for Banque de Luxembourg and Banque Havilland across a range of ongoing matters. Karl Pardaens 'knows the capital markets industry at 360 degrees' and provides 'innovative and business-oriented advice' to issuers and underwriters. The highly respected André Hoffmann has in-depth knowledge of transactional banking and finance work, as well as the underlying regulatory overlay.

Testimonials

Precise, smart, business-oriented and innovative.

The reactive and pragmatic Karl Pardaens understands the needs of his clients.

An equity capital markets expert, Karl Pardaens is smart, business-oriented and has a focus on innovation.

Key clients

Banque de Luxembourg / Banque Havilland

Deutsche Bank

Banca IMI

JPMorgan Chase Bank

Fortress Investment Group LLC

Antalis

CVC Capital Partners

Hellman & Friedman Capital Partners

Belron Group S.A.

Intelsat

Work highlights

  • Assisted Deutsche Bank with the Luxembourg elements of the acquisition and revolving credit facilities made available by it to Key Safety Systems to facilitate its $1.2bn acquisition of the Takata Group.
  • Advised JPMorgan Chase Bank on the Luxembourg law aspects pursuant to its role as initial purchasers of Safari Verwaltungs’ issuance of €350m secured notes.
  • Advised Belron Group on the Luxembourg aspects of a €1.3bn refinancing and leveraged recapitalisation transaction, as well as on a €400m new term loan, the proceeds of which have been used to pay a dividend to its shareholders.

Linklaters

Led by the 'very knowledgeableNicki KayserLinklaters' four-partner team provides 'clear and tailor-made advice' to a pre-eminent roster of lenders and borrowers (including numerous Chinese entities) across the spectrum of capital markets and banking work, including as it relates to niche areas, such as fund and structured financing. Leveraging the firm's vast international network, the team excels in advising on big-ticket cross-border mandates utilising complex and often bespoke Luxembourg financing structures. 'A leading lawyer in Luxembourg', Patrick Geortay has a 'wide breadth of experience' across banking and capital markets work, both in the context of transactions, as well as the underlying regulatory elements. 'Excellent' counsel Eliane Dejardin Botelho has particular expertise in regulatory matters and has been involved in a number of bank and insurance set-ups and reorganisations, both domestically and abroad.

Practice head(s):

Nicki Kayser

Testimonials

The firm is proactive and solution-oriented.

‘The capital markets team centred around partner Nicki Kayser is very experienced, business minded, well organised and generally very pleasant to work with.’

Patrick Geortay is a leading lawyer in Luxembourg. He is very solid and you cannot destabilize him.

 

Key clients

Legend Holdings

King Street Capital Management

Fidelity International

Ardian

Triton Fund V

Caixabank, S.A.

Banco Santander S.A.

Mizuho Bank, Ltd,

SGBTCI S.A.

Société Générale

Sucursal en España

Crédit Agricole Corporate and Investment Bank

Sucursal en España

Banco Bilbao Vizcaya Argentaria

Banco Santander

Coöperatieve Rabobank

Crédit Agricole

ING Bank

Société Générale

Novo Banco

Ravago SA

Agricultural Development Bank of China

ProLogis International Funding II S.A. and Prologis European Logistics Fund, FCP-FIS

China Construction Bank Corporation

Shurgard Self Storage SA

BFF Luxembourg S.à.r.l.

Clearstream Banking S.A.

Nordea Bank Abp

AB Holdings B.V. and JAB Holding Company S.à.r.l

Glencore Finance (Europe) S.A. and Glencore plc, Glencore International AG and Glencore (Schweiz) AG

Holcim Finance (Luxembourg) S.A., Holcim US Finance S.a r.l. & Cie S.C.S., LafargeHolcim Finance US LLC, LafargeHolcim Sterling Finance (Netherlands) B.V., LafargeHolcim Ltd and LafargeHolcim Ltd

Industrial and Commercial Bank of China Ltd., Luxembourg Branch

Bank of China Limited

Work highlights

  • Advised King Street Capital Management on the financing of the acquisition of several real estate assets in the Algarve, which are part of the Oceânico Group (a leading group in the construction and management of resorts and golf courses in Portugal).
  • Assisting a banking syndicate (with Société Générale Sucursal en España as agent) in its capacity as arrangers to a €187m senior facilities agreement, in part, to finance Carlyle Group’s acquisition of Codorníu and to refinance debt of the Target Group.
  • Acted for Novo Banco in a vendor financing role on the sale of the largest real estate-owned portfolio in the Portuguese market, including real estate assets located in Portugal and in Spain.

Bonn Steichen & Partners

Bonn Steichen & Partners provides 'practical and solution-oriented advice' to institutional lenders and investors across a range of banking and capital markets work, from both a transactional and regulatory perspective. Experienced practitioner Laurent Lazard advises lenders and borrowers on deals implementing financing from across the capital structure, and is also noted for his securitisation prowess for both originators and sponsors. The 'approachable and hands onPierre-Alexandre Degehet spearheads the firm's efforts on the fintech front, while newly promoted partner Nuala Doyle provides 'pragmatic advice' to clients engaged in fund financings and debt/equity capital markets matters.

Testimonials

The firm has a focus on clients’ needs and can effectively leverage the diversity and experience of other team members.

The firm has great expertise in fintech and financial services matters.

The team always responds in a timely and detailed manner.

Key clients

IVS Group SA

Tell

Goldman Sachs

Barclays

Deutsche Bank

BNP Paribas

Even Group

Opel Bank GmbH

Bio Toscana Investment S.A.

Advent International

Bain Capital

Play Communication S.A.

Solutions 30 SE

The Royal Bank of Scotland International Limited, London Branch

Investec Bank Plc

Attestor Capital LLP

Work highlights

  • Acted for iQ Student Accommodation (a JV set up by Goldman Sachs and the Wellcome Trust) on an external bank financing for the new development of three properties in England.
  • Assisted Investec Bank with a €15m single currency revolving credit facility to CapVest Group whose purpose was, inter alia, financing or refinancing the acquisition of limited partnership interests in CapVest Equity Partners III.      
  • Advised Lloyds Banking Group on all Luxembourg law aspects regarding the separation of its investment banking operations from its retail banking operations.

Loyens & Loeff

Leveraging the firm's 'very strong private equity ties', with the likes of KKR and Tristan Capital Partners, and also regularly receiving bank-side mandates from clients including Goldman Sachs and Citigroup, Loyens & Loeff is well placed to provide 'solution-oriented advice', which is conversant with market norms on both the borrower and lender side. As well as his excellent track record on the securitisation and real estate financing front, Vassiliyan Zanev has also been pivotal to the firm's growing reputation in the fund financing sector. Cédric Raffoul heads up the capital markets offering and recently advised global medical technology company, Becton, Dickinson and Company, on a €2bn bond issuance via a Luxembourg société à responsabilité limitée.

Testimonials

The team provides out of the box thinking and really goes the extra mile.’

Anne-Marie Nicolas is very knowledgeable and hands-on.

Key clients

Banco Santander

Bank of America

Becton Dickinson

Citigroup

Goldman Sachs

Hayfin Capital Management

JP Morgan

KKR

Lionsgate Entertainment

Morgan Stanley

OMERS

Simon Property Group

SMBC

Tenneco

Tristan Capital Partners

Wells Fargo

Work highlights

  • Advised Elliott Management on the takeover of the Italian football club AC Milan and the financing of the club and its Luxembourg holding company.
  • Assisted Banco Santander with the Luxembourg law aspects related to the new money injection and restructuring of the existing debt of the Abengoa Group.
  • Advised global medical technology company, Becton, Dickinson and Company, on a €2bn bond issuance.

NautaDutilh

'Quite an established brand in the Luxembourg market', Benelux firm NautaDutilh provides a 'responsive service' to lenders and borrowers across a range of matters, including acquisition and fund financing. Team head Josée Weydert's diverse skillset sees her taking the lead on many of the most significant mandates handled by the team, including advising Goldman Sachs as initial purchasers on Altice's €2.7bn senior secured notes issuance. The firm's presence in London and New York has also helped cultivate and consolidate key relationships with international-based clients requiring Luxembourg law advice from those two key financial centres.

Practice head(s):

Josée Weydert

Testimonials

User-friendly and responsive.

Key clients

Bank of America Merrill Lynch

Belfius Bank

BGL BNP Paribas

Credit Suisse International

Deutsche Bank

Deutsche Pfandbriefbank

European Investment Bank

Goldman Sachs

ING Bank

Jefferies Finance LLC

United Overseas Bank

Work highlights

  • Advised the initial purchasers, including Goldman Sachs, on the issuance of senior secured notes by Altice Luxembourg.
  • Assisted Morgan Stanley with a subscription line financing transaction to Global Credit Opportunities Funds.  
  • Advised Jefferies Finance on the Luxembourg law aspects of the refinancing of Herbalife Nutrition.

Bonn & Schmitt

Headed by the ‘superb’ Alex SchmittBonn & Schmitt's team provides a 'cost-effective and commercial service' to banks, debt funds, private equity sponsors and corporates across the spectrum of transactional, regulatory and litigation concerns affecting their businesses. The firm is particularly accomplished at advising borrower clients (including corporates and funds) on real estate-related mandates. Restructuring and insolvency is also a prominent area of focus for the firm, and clients benefit from a strong offering on the financing front, as well as in relation to any contentious matters that may arise, as a result of the firm's 'tremendous understanding of both civil and common law legal systems'. Armel Waisse left the firm.

Practice head(s):

Alex Schmitt

Testimonials

Counsel Nicolas Widung was very helpful on a novel restructuring transaction and was prepared to step outside his comfort zone and try something new, having considered the key legal issues.

Tremendous understanding of both civil and common law legal systems‘.

Key clients

EQT Partners

MEDIOBANCA INTERNATIONAL (LUXEMBOURG) S.A.

Work highlights

  • Acted for EQT Partners on the financing of its acquisition of Suse from the Microfocus Group.

Dentons

Headed by Stéphane HadetDentons' one-partner team provides a 'solution-oriented service' to international banks, funds and corporates across a range of domestic and international financing mandates. Although the team is relatively small, it regularly works alongside practitioners from across the firm's international network of offices and is consequently able to provide a value-added service on multi-jurisdictional matters. The team has 'excellent knowledge of the fund financing industry' and also has a strong track record for real estate-related financing.

Practice head(s):

Stéphane Hadet

Testimonials

We have been working in the context of a financing project with Stéphane Hadet and his team and have been impressed by the excellence of their work, and in particular their excellent knowledge of the fund financing industry.

Key clients

Volkswagen Financial Services (UK) Limited

Erste Bank Group AG

HB Reavis Holding S.A.

GLL Real Estate Partners

FMS Wertmanagement

Lloyds Bank

Barings

APS Holding

Societe Generale, London Branch

HSBC Bank Plc

Royal Bank of Canada

Kenai Capital Markets S.à.r.l.

Deutsche Postbank AG

Silicon Valley Bank

Citibank

Work highlights

  • Advising Erste Bank in connection with on a multi-currency €555m revolving-credit facility agreement to MOL Group Finance.
  • Advising FMS Wertmanagement on the extension of a $43m loan facility to Royalty-Rent secured by a prime neighbourhood shopping centre in the Ukraine.
  • Advising Nuveen Real Estate, as borrower, on the refinancing of Berlin shopping center Gropius Passagen.

Stibbe

Led by Gérald OrigerStibbe provides a 'client-oriented service' to banks and private equity sponsors on acquisition financing mandates utilising debt from across the capital structure. The team has also been involved in an increase in capital markets work, including advice relating to new admissions to trading on the Luxembourg Stock Exchange and other EU and non-EU regulated stock exchanges.

Practice head(s):

Gérald Origer

Testimonials

The team provides swift and clear advice.

Jean-Marc Delcour is a brilliant lawyer and pleasant to work with.

Key clients

Constellium

Santa Domingo Group

Armina S.A

NewDay Group

KTB Investment Securities Co. Ltd.

Rothesay Life Plc

Santander UK

Biotoscana

Almacantar

Investindustrial

DSI Group

Rhone Capital

Edify

Banque Européenne du Crédit Mutuel

Work highlights

  • Assisting Korean fund, KTB Investment & Securities, with a bond financing through a Luxembourg issuer, for the purpose of the acquisition of real estate in Austria.
  • Assisted Biotoscana Investments with shares issued on the Luxembourg Stock Exchange (increase of outstanding shares to be issued under the stock option plan of the company and stock buyback programme for the company).
  • Advising Constellium on its issuance of euro-denominated senior notes due 2027 and to be listed on the Luxembourg Stock Exchange and admitted to trading on the EURO MTF Market of the Luxembourg Stock Exchange.

Wildgen

Jointly headed by Michel Bulach  and the 'skillful and knowledgeable' Mevlüde-Aysun TokbagWildgen provides 'practical and solution-oriented advice' to international corporates, SMEs, and high-net-worth individuals across a range of transactional work, including as it relates to acquisition finance and securitisations. Bulach is also noted for his regulatory expertise.

Testimonials

‘The team provides workable solutions rather than only merely formal analysis.

The team provides to the point and practical advice.

Key clients

Bank of Beirut

Christofferson, Robb & Company

Platinum Equity

Pacific Drilling

WFS Group

Work highlights

  • Acted for Pacific Drilling on its process of reorganisation under Chapter 11 proceedings.
  • Advised Bank of Beirut on its acquisition of Fortuna Banque, a Luxembourg-based cooperative bank active in retail and private banking.
  • Advising Christofferson, Robb & Company on a securitisation deal.

Baker McKenzie

Jointly headed from Luxembourg by Laurent Fessmann and Jean-François Trapp and aided by an extensive international network of offices, Baker McKenzie regularly advises international corporates, funds and banks on financing transactions utilising Luxembourg structures. Particular areas of strength include real estate, acquisition finance and securitisation transactions.

Key clients

Invesco Real Estate

ING Bank

Macquarie Atlas Roads

CPI Property Group

Kraton Corporation

SCHMOLZ+BICKENBACH

Cosmo Pharmaceuticals

Aramark

Weser Funding

Ideal Standard

Bavarian Sky

Cabot Financial

Work highlights

  • Advising on all aspects of restructuring the Invesco Real Estate European fund, which involved refinancing its obligations and identifying the potential tax implications. Subsequent assistance to Invesco Real Estate with entering into a €1bn fund financing of a portfolio of its European properties.
  • Advising CPI Property Group on the issuance of listed notes under its €3bn medium-term note programme.
  • Advised steel manufacturer, Schmolz+Bickenback, on its tap issuance of €150m senior secured notes.

CMS

Led by the 'classyVivian WalryCMS' 'responsive and commercial' two-partner team provides 'highly knowledgeable advice' to banks, funds and corporates across a range of mandates including real estate finance, acquisition finance and securitisation. Walry has also handled numerous strategic Brexit-related queries for international banks.

Practice head(s):

Vivian Walry

Testimonials

Vivian Walry is responsive and to the point.

Key clients

Bank of Ireland

Work highlights

  • Advising Bank of Ireland on its £104m part-funding of the acquisition by Hana Property Holdings of the entire issued share capital of Wood Grafton One, owner of the iconic One Poultry building in the city of London.

DLA Piper

Benefiting from 'solid knowledge and understanding of the Luxembourg banking and financial framework', DLA Piper's team continues to pick up market share since its establishment in 2017. The 'responsive and pragmatic' Laurent Massinon is 'particularly specialised in capital markets and financial regulatory matters' and jointly heads the team alongside asset-backed finance expert Xavier Guzman.

Practice head(s):

Xavier Guzman; Laurent Massinon

Testimonials

The highly experienced Laurent Massinon is able to deal with the full spectrum of the banking, finance and capital markets.

‘Laurent Massinon is an outstanding individual in the financial regulatory sphere.

Xavier Guzman is an extraordinarily competent partner in Luxembourg.

Key clients

Credit Suisse Infrastructure Partners AG

FinLab AG

Generali Real Estate S.p.A

SVP Worldwide

SONAE Investment Management – Software and Technology

Landesbank Baden-Württemberg

Herbalife Ltd.

Qumei Home Furnishing Group

Medtronic Global Holdings

Covidien International Finance

Signature Capital

Koramco Asset Management

Nordic Wind Power

Kleos Space S.A

DH Europe Finance S.A.

Work highlights

  • Advised Skandinaviska Enskilda Banken on the Luxembourg law-governed partial financing of the acquisition of a €113.1m portfolio of 11 freehold office properties in Finland by Cromwell Property Group.
  • Advised Medtronic Global Holdings on its issuance of several series of fixed-rate notes and floating-rate notes for €7bn.
  • Assisted Herbalife and its Luxembourg subsidiaries with its $1.25bn credit facility refinancing and the issuance of  $400m senior notes.

KLEYR GRASSO

KLEYR GRASSO regularly acts for corporates and funds on their financing and regulatory requirements. Spearheaded by Pascal Sassel, the team also has strength in relation to restructuring and refinancing matters. Although she is primarily involved in corporate and M&A work, the 'knowledgeable and commercialDelphine Tempé regularly advises on capital markets matters. Rina Breininger is another key name for capital markets work.

Practice head(s):

Rina Breininger

Key clients

GSO Capital Partners

Samsonite International

Héroux-Devtek Inc

TA Associates

Imperial Logistics International B.V. & Co KG

Work highlights

  • Advised GSO Capital Partners and Glas Trust Company in their capacity as the ad-hoc group of secured creditors of Concordia International Corp. on the Luxembourg law aspects of its $3.7bn recapitalisation.
  • Acted for Samsonite on corporate restructuring steps and structuring, as well as on the banking and finance side of an amendment to its $2.1bn financing facilities consisting of a $650m revolving credit facility, a $820m term loan A facility and a $665m term loan B facility and the issuance of $350m in eurobonds.
  • Assisted Imperial Logistics International with the negotiation, establishment and implementation of its group cash pooling agreement with Commerzbank.

Ogier

The 'top-class' team at Ogier provides 'responsive and commercial advice' to banks and funds across a range of mandates, including as it relates to acquisition and fund financing. The firm's ability to provide 'highly technical and cost-effective advice' is appreciated by market participants, which are increasingly viewing the firm as a viable alternative to some of the more established players in the market. Daniel Richards leads the team.

Practice head(s):

Daniel Richards

Testimonials

The responsive and commercial team has an excellent knowledge of fund level financings and the Luxembourg fund finance market.

Daniel Richards is very responsive and good at putting a team together to get the job done.

Daniel Richards is a pleasure to deal with and is committed to getting the job done.

Work highlights

  • Advised two global US-based banks on a €1.1bn financing to a Fortune 100 industrial company that delivers industry solutions financing.
  • Advised a Canadian private equity firm on a $13.2bn acquisition financing.
  • Assisting a leading bank with a £27m facility and a £65m facility to be granted to Luxembourg borrowers managed by a leading global alternative investment management firm.

VANDENBULKE

At VANDENBULKELaurence Jacques provides 'practical and business-oriented structuring' to lenders and funds across the full spectrum of secured and unsecured commercial lending transactions. The team is particularly strong in real estate financing matters.

Practice head(s):

Laurence Jacques

Testimonials

Laurence Jacques: practical and business-oriented structuring.

Brucher Thieltgen & Partners

While it is less active on transactional financing work than many of its higher-ranked peers, independent boutique Brucher Thieltgen & Partners has significant regulatory expertise (including as it relates to GDPR and Mifid ii matters) and also excels at handling financial services-related litigation. Nicolas Thieltgen is the key name.

Practice head(s):

Nicolas Thieltgen

Testimonials

Excellent team with strong knowledge of legal environment and solid experience.

Work highlights

  • Advised an international bank established in Luxembourg on its $31bn pledge agreement review.
  • Assisted a client with the establishment of a Luxembourg-based investment vehicle targeting investments in the blockchain technology and digital assets space.
  • Advised a bank on the implementation of the MiFID II legal framework into its relevant documentation.

Dupont Partners

Headed by the 'commercially-minded and responsivePeter-Jan Bossuyt following his arrival from VANDENBULKE, the banking and finance team at newly established firm Dupont Partners has hit the ground running and has already garnered praise for its 'hands on approach' particularly as it relates to real estate, fund financing and acquisition financing work.

Practice head(s):

Peter-Jan Bossuyt

Testimonials

The banking and finance team has a hands on approach.

Peter-Jan Bossuyt is commercially-minded and responsive.

The responsive and reliable Peter-Jan Bossuyt is very experienced in leveraged finance transactions. He gets the deal done in a very pragmatic and efficient way.

Key clients

Bank of America Merrill Lynch

Work highlights

  • Advised Bank of America Merrill Lynch on the refinancing of office and hotel property, The Squaire at Frankfurt Airport.
  • Advised Trilantic Europe on the financing in support of the acquisition of various companies in the medical sector.

GSK Stockmann SA

The 'responsive' team at GSK Stockmann SA 'delivers excellent results' to banks and funds across a wide array of financing transactions, as well as on fintech regulatory matters. In addition to regularly advising German clients, Andreas Heinzmann has been central to the firm's increased exposure to Asian clients, including Bank of China, which he recently advised on a trade finance loan uniquely implemented under Luxembourg law.

Testimonials

‘The firm is able to think creatively to address the challenges of blockchain investments.’

Philipp Moessner has extensive knowledge and broad experience.

Dr. Marcus Peter is outstanding in assuring the delivery of practicable advice.

Key clients

Grand City Properties SA

EQT

China Merchants Bank

SAF-Holland

Bank of China

Hauck & Aufhäuser Bank

Colony Capital

DG HYP

4finance Group

Aroundtown SA

Intermediate Capital Group

Vincenda Asset Management

AS Iute Credit

Mogo Finance AS

Deutsche Finance

AviaRent Capital Properties S.A.

Channel Finance S.A.

Trade Teq

Mediobanc

Work highlights

  • Advised, as Luxembourg counsel, Bank of China on one of the largest investments in Europe by the Chinese sovereign wealth fund.
  • Advised Bank of China on a trade finance loan to Kingston Technology Corporation, which was guaranteed by the Californian group subsidiary.
  • Acted for Commerzbank on the issuance of commercial paper in the form of security tokens held in blockchain.

Hogan Lovells (Luxembourg) LLP

The 'experienced and knowledgeable' team at Hogan Lovells (Luxembourg) LLP 'collaborates well with other offices throughout its network', particularly on corporate and real estate financings involving a German nexus. Pierre Reuter  and Ariane Mehrshahi Marks are the key names.

Testimonials

The team’s no-fuss can-do attitude is reassuring.

Ariane Mehrshahi Marks stands out for her leadership skills.

Key clients

BNP Paribas

DZ Hyp

Hines (HECF)

Cheyne Capital

European Investment Bank

Volkswagen Group

Katjes International

Norddeutsche Landesbank

Barclays Bank

Crédit Agricole Corporate and Investment Bank

Mercedes-Benz

Raiffeisen

Work highlights

  • Advised HECF on the refinancing of a portfolio of properties situated in Berlin, Dusseldorf, London, and Edinburgh, with multiple Luxembourg companies in the holding structure.
  • Regular assistance to Volkswagen Leasing regarding all its securitisation transactions through Luxembourg vehicles.
  • Advised Nord/LB on the ongoing issuances and annual update of the €10bn debt issuance programme of Nord/LB Luxembourg Covered Bond Bank (as a dealer counsel).

Luther S.A.

Now headed by Bob Scharfe  following his arrival from Hogan Lovells (Luxembourg) LLPLuther S.A.'s banking and finance team is better able to service its impressive roster of borrower clients, including Altice, on their financing requirements. Scharfe is noted for his 'great professionalism and agility when facing complex and international transactions'.

Practice head(s):

Bob Scharfe

Testimonials

The firm remains diligent and practical, without compromising its standards even in the most pressurised environment.

Combines the skills of an international law firm with a boutique spirit.

Key clients

Altice

DZ HYP AG

REYL & Cie S.A.

Work highlights

  • Acting for the Altice Group on several multibillion-euro debt issuances.
  • Advising DZ HYP AG on the financing of various flagship objects located in Europe, via Luxembourg special purpose vehicles.
  • Advising Reyl & Cie S.A. on several high-profile financings to Luxembourg borrowers.

Norton Rose Fulbright

Led by Stéphane Braun and aided by a huge international network, Norton Rose Fulbright's team is well placed to advise lenders, including many international investment banks, on a range of cross-border financings. The team is particularly active advising on the Luxembourg structuring aspects of financing deals within core industry areas of focus for the firm as a whole, including transportation, energy and insurance.

Practice head(s):

Stéphane Braun

Key clients

JTC Group Holdings

Crédit Agricole

Macquarie Bank Limited

Royal Bank of Canada

Münchener Hypothekenbank eG

The Royal Bank of Scotland

Bank of America

BNP Paribas

Engie

Citibank

National Bank of Greece S.A.

European Investment Bank

Société Générale

Toronto Dominion

JP Morgan

CNA Hardy

ICBC

East West United Bank

Kulczyk

Banque Havilland

Cardif Lux Vie

Work highlights

  • Advising Eurobank Ergasias and Alpha Bank on the €202m non-recourse refinancing of a renewable energy projects portfolio operated by three subsidiaries of Total Eren, in Greece.
  • Advising Crédit Agricole CIB on its role as arranger, facility agent, and lender within the framework of a Japanese operating lease with call option transaction put in place for a Boeing 747- 400 freighter aircraft run by Cargolux Airlines International S.A.
  • Assisted Kulczyk Investments and Kulczyk Chemistry with a refinancing transaction, including reviewing and/or drafting and negotiating the contractual financing documentation (facility agreement, subordination agreement, Luxembourg and foreign pledge agreements (over shares, bank accounts, receivables)), reviewing the corporate documents (board resolutions, directors certificates) and issuing legal opinions.

AKD

The arrival in July 2019 of Basile Fémelat (and several other colleagues in the following months) from PwC Legal Luxembourg has substantially enhanced AKD's ability on the banking and finance front in light of his significant experience for borrowers on secured lending and securitisation matters.

DCL Avocats

The 'small and dedicated team' at independent business law boutique DCL Avocats provides 'business-oriented advice' to funds, SMEs and high-net- worth individuals across a range of finance and regulatory mandates. Yann Hilpert  has niche expertise advising on asset finance mandates, including corporate jet transactions.

Practice head(s):

Yann Hilpert

Testimonials

The talented team is skilled in various competencies, adequately resourced and responsive to all requests.

‘Yann Hilpert does not limit himself to the instruction for which he was engaged – his advice has no limit.’

Franck-Olivier Cerra is intelligent and dedicated.

Key clients

3C Payment

Teleperformance

Arpent Capital

DNX Corp

Cofinance

Work highlights

  • Assisting DNXCorp, a European company listed on the French stock exchange with Luxembourg as state of origin, with regulatory matters on an ongoing basis.

Linari Law Firm

At Linari Law Firm, name partner Vincent Linari-Pierron is a 'class act' who is noted for his capital markets expertise, particularly as it relates to securitisation matters. He has also been increasingly active advising on sustainable capital markets matters and has acted for the issuers on numerous green bond issuances.

Testimonials

The firm provides very responsive and commercial advice across leverage/acquisition finance, as well as bid financing.

MOLITOR Avocats à la Cour SARL

Although MOLITOR Avocats à la Cour SARL is best-known for its litigation work within the banking and finance sector, under the guidance of Chan Park it also regularly handles finance work for US, European and Asian  financial institutions and funds. Armel Waisse was a new arrival in April 2020 from Bonn & Schmitt.

Practice head(s):

Michel Molitor

Simmons & Simmons in Luxembourg

Combining excellent knowledge of the regulatory landscape with transactional experience for both buy and sell-side clients, Simmons & Simmons in Luxembourg provides a 'very responsive and commercial' service across structured finance-related capital markets mandates, in particular. Headed by Louis-Maël Cogis, the team is well-= suited to the cross-border nature of the Luxembourg finance market by virtue of its ability to leverage its 'good geographical coverage especially in EMEA'.

Practice head(s):

Louis-Maël Cogis

Testimonials

The team provides pragmatic and realistic advice.

The team combined specialist knowledge of Luxembourg financial laws and  of the Italian banking sector that was very useful to speed up negotiations.

Cathrine Foldberg Møller offers pragmatic and realistic solutions.

Key clients

European Investment Fund

Funding Circle Limited

Deutsche Bank

Morgan Stanley & Co. International Plc

Nomura International Plc

Société Générale

BBVA

NatWest Markets

BNP Paribas

ING Bank N.V.

Aermont Capital Management Sarl

Equinox AIFM

Work highlights

  • Advising Deutsche Bank, Morgan Stanley & Co. International, Nomura International, Société Générale, BBVA and NatWest Markets on the first initiative to standardise repackaging documentation and create a platform for securitisation vehicles.
  • Assisted Circan Capital with the establishment of a €5bn asset-based notes, certificates and warrants programme allowing for Aldburg, a Luxembourg securitisation vehicle under the Luxembourg securitisation rules, to issue asset-based notes, certificates and warrants on a fiduciary and non-fiduciary basis.
  • Advised ING Bank on the update and restructuring of its €40bn global issuance programme.