Banking and finance: Borrower side in Netherlands

Allen & Overy LLP

Allen & Overy LLP advises private equity firms, financial institutions, companies, credit funds, and major public institutions. The firm, which is home to various experts in financial markets, possesses strong domestic and international capabilities. The team is highly active in representing borrowers on complex transactions and is recommended for matters relating to non-bank institutional debt, refinancing mandates, acquisition finance, and leveraged financing. Niels De Ru leads the banking team as well as the global trade and commodity finance group. Femke Bierman specialises in banking law, leveraged financing, and public bid finance. Andrew Thomas has extensive experience in the Dutch and European markets, while Erik-Jan Wagenvoort often acts for corporate borrowers.

Practice head(s):

Niels de Ru

Other key lawyers:

Femke Bierman; Erik-Jan Wagenvoort; Andrew Thomas; Aroen Kuitenbrouwer; Luke Whibley


‘Allen & Overy’s Amsterdam banking and finance team is simply top of the bill in the Netherlands with very few others in that same league. Its excellence has a broad base with a very sizeable team and a number of outstanding partners and associates.’

‘Their in-depth knowledge of the market and of market practices is incredibly valuable, and their legal expertise is flawless. Their reputation and credibility as top tier counsel for both lenders and borrowers position them as an ideal counsel for borrowers to achieve results in a very efficient, constructive and pleasant manner.’

‘Femke Bierman is the absolute best of the best.’

Key clients



Ahold Dehaize



HERE technologies



Vroon group

IHC Merwede Holding



Waterland Private Equity

Infravia Capital Partners

Care Ventures, Quadrum Capital, Corus Dental Solutions


Work highlights

  • Advised Koninklijke Ahold Delhaize in relation to the refinancing of its sustainability-linked revolving credit facilities, increasing the total revolving commitments from EUR1.0bn to EUR1.5bn and reducing Ahold Delhaizes’ borrowing costs provided by a large syndicate of banks and arranged by Societe Generale and a Dutch bank.
  • Advised KLM Royal Dutch Airlines on the refinancing of its credit facilities, consisting of a EUR 1 billion credit facility provided by a syndicate of 14 banks and linked to certain sustainability and social responsibility objectives, and the cancellation of the Dutch state aid package.
  • Acting for CareVentures, Quadrum Capital and Corus Dental Solutions on a refinancing and the financing of the acquisition of Nordentic Group Holding AB provided by Blackrock.

Clifford Chance

Headed by Angela McEwan, the team at Clifford Chance is skilled at handling matters for borrowers ranging from Dutch and international financial institutions to private equity firms. The firm advises on green loans, facility agreements, leveraged financing, and debt financing, among other matters. Jelle Hofland regularly represents borrowers, including tech companies, corporations, and private equity houses. Other key members of the team include Folko De Vries, who specialises in leveraged finance, Boudewijn Vermeer, who is recommended for sustainability-related financing mandates, and Laure Lusteau, who is noted for her experience in handling matters for private equity funds and their portfolio companies.

Practice head(s):

Angela McEwan

Other key lawyers:

Jelle Hofland; Folko de Vries; Boudewijn Vermeer; Laure Lusteau


‘The team is very pragmatic, on top of market developments, with swift and smooth execution when compared to some of their competitors. They also have transparent billing.’

‘Folko de Vries is one of the most knowledgeable lawyers in his field, especially on direct lending/private credit matters.’

‘They are a very professional and fun team to work with. What is important is that they are involved in the majority of relevant financings in the Benelux within the private credit space, so they know the relevant players well and can facilitate a swift process.’

‘I like working with Boudewijn Vermeer as he is knowledgeable and has a pragmatic approach.’

Key clients

Cooperatieve Rabobank U.A.



Rivean Capital


Raben Group


Stirling Square


FBN Capital Limited

JP Morgan

IK Partners

Gilde Healthcare

AVR Afvalverwerking

TKH Group


De Brauw Blackstone Westbroek

De Brauw Blackstone Westbroek is a market-leading firm that is especially recommended for Dutch multinationals and private equity sponsors seeking advice on complex financing transactions. The team is highly experienced in handling high-profile matters for borrowers and advises on extending and amending facility agreements, corporate debt-related matters, green bonds, and refinancing transactions. Ferdinand Hengst is at the forefront of the firm’s finance and restructuring practice; he frequently represents Dutch corporations and is proficient at handling the rescheduling and restructuring of debts as well as overseeing bond transactions. Bas Boutellier is another essential member of the team who regularly leads on some of the firm’s most significant and multifaceted cases.

Practice head(s):

Ferdinand Hengst

Other key lawyers:

Bas Boutellier


‘Ferdinand Hengst knows his clients very well and is a very good sparring partner for senior management.’

‘I especially appreciate the proactive, forward-looking perspective.’

Key clients

AGCO Corporation

AkzoNobel N.V.

APAX Partners

APG Group

BC Partners

BCD Travel

BME Group (Blackstone-owned)

Centerbridge Partners

CVC Capital Partners

Friesland Campina



Goldman Sachs International


Hendrix Genetics

Holland Casino

ING Group N.V./ING Bank N.V.






Premier Oil plc

Providence Equity LLP

Royal Ahold Delhaize

Royal BAM Group N.V.

Royal Dutch Shell plc

Royal Philips N.V.

Summa Equity


Nederlandse Spoorwegen


Univar (Apollo-owned)

Waterland Private Equity

Work highlights

  • Advised TenneT Holding on arranging and syndicating one of the largest single-tier credit facilities since 2020.
  • Advised AkzoNobel on its recent EUR 1.2 billion debt issuance.

DLA Piper

DLA Piper has in-depth experience of representing a variety of borrowers, including financial institutions, private credit funds, private equity houses, and corporates. The firm provides high-quality advice on loan portfolio solutions, leveraged finance, real estate finance, borrowing base finance arrangements, and private credit fund solutions. Lex Oosterling is particularly familiar with advising financial institutions such as Rabobank, HSBC Bank, and Deutsche Bank. Max Mayer is skilled at assisting with solutions driven by private credit fund financing and has experience working with notable private equity houses. Further standout members of the team include Nine Scheenjes and Benno Leemans.

Practice head(s):

Gerard Kneppers

Other key lawyers:

Lex Oosterling; Max Mayer; Nine Scheenjes; Benno Leemans


‘Max Mayer has a strong network with lenders. He is proactive on project management, has a good eye for identifying the key elements that may be an issue later on in the process and addressing them upfront, and a very good understanding of the commercial elements.’

‘Over the years the DLA team has proven to be accessible, responsive, knowledgeable and easy to work with. The company culture of the Dutch team is down to earth and efficient when dealing with our requests.’

‘Lex Oosterling usually teams up with Benno Leemans while Max Mayer teams up with Nine Scheenjes. Both teams are top tier.’

‘Max Mayer stands out as he is tremendously proactive and identifies potential issues before they arise, making for a very smooth process. In addition, he provides valuable input not only from a documents perspective but also in terms of the overall deal context due to experience with various lenders and helps to make an informed decision on what lenders want to work with.’

‘They excel at delivering a high-quality product through an efficient process.’

‘Max and Nine at DLA are a very strong team. They are commercial, efficient, detail oriented and want to get the deal done. They take an efficient and pragmatic approach and try to unburden the client as much as possible.’

‘Max Mayer stands out for his very strong process management. I felt I could trust the entire process to him, with him representing me as I want.’

Key clients


Cooperatieve Rabobank U.A.

ING Bank N.V.

Deutsche Bank

Siemens Bank









Ares Management



Capital Four

Crescent Capital

CVC Credit





Dutch Mezzanine Fund



Torqx Capital

EMK Capital

Bencis Capital

Carlyle Europe Technology Partners

Carlyle European Realty Fund

Ergon Capital


Gilde Equity Management

IK Invest

Parcom Capital

NPM Capital

Avedon Capital




Holland Capital

Rivean Capital

AAC Capital

The Kingfish Company



TIP Trailer Europe

Talpa Network

Royal Boskalis



The Greenery

ACT Commodities Group

Royal A-ware Food Group

Work highlights

  • Advised ISquared-controlled global logistics group Tip Group in connection with an increase of its committed borrowing base financing arrangements to approx. EUR 1.4bn tranched out into a revolving facility provided by financial institutions.
  • Advised STX Group in connection with its EUR 150m cross-jurisdictional asset-based facility.
  • Advised EMK Capital and its portfolio company VDK Groep, a leading company in the installation engineering business, in connection with the FOLO financing (and all subsequent increases of commitments) provided by Capital Four and Tikehau as senior lenders and Rabobank and OLB as super senior lenders.

Freshfields Bruckhaus Deringer

Catering to a domestic as well as an international client base, Freshfields Bruckhaus Deringer is particularly experienced at handling financial matters that intersect the English and Dutch markets. Thijs Flokstra is an expert in real estate financing and leads the team alongside Mandeep Lotay, who has over 17 years of experience working in the Dutch market. Tim Elkerbout is a frequent presence on the firm’s banking mandates, while Michael Broeders has experience in multi-jurisdictional refinancing and revolving credit facility matters.

Practice head(s):

Mandeep Lotay; Thijs Flokstra

Other key lawyers:

Michael Broeders; Tim Elkerbout

Key clients



Deutsche Bank

Universal Music Group

iCON Infrastructure

APG Asset Management

KLAR Partners





ING Bank


Vitruvian Partners

Charterhouse Capital Partners


Channel Capital Advisors LLP

Work highlights

  • Advised Wereldhave N.V. on the amendments to the company’s revolving credit facility.
  • Advised KLAR Partners on the unitranche financing supporting its investment in hallo, Group.
  • Advised Universal Music Group N.V. on the amendment of its five-year EUR 3 billion financing with a consortium of leading banks and the amendment of its USD 500m bilateral revolving credit facility agreement with Bank of America, N.A.

Hogan Lovells International LLP

With a well-established reputation within the banking and finance markets, the team at Hogan Lovells International LLP regularly advises Dutch and international private equity clients as well as corporations on multifaceted cross-border finance transactions. Wouter Jongen, who has excellent capabilities in leveraged financing, heads the team alongside Robert Masman, who is active in banking and loan finance, real estate finance, and finance restructurings. With his experience acting for large corporations and private equity funds, Dylan Goedegebuure is also a prominent member of the team.

Practice head(s):

Wouter Jongen; Robert Masman

Other key lawyers:

Dylan Goedegebuure; Siddharth Saxena


‘What really stands out is the good knowledge of all team members. Their availability is also good and issues are quickly solved. There is good collaboration, and you feel valued as a customer.’

‘Wouter Jongen is very knowledgeable, puts customers first, and is a strong relationship manager.’

‘Sharp, quick and very pragmatic in every piece of advice.’

‘Wouter Jongen is a very quick thinker and always bears the client’s optimal outcome in mind. Pragmatic and fun to work with.’

‘They really work as a team – as the client, there is no need to inform people in the team about something twice. The team is professional, interested and super friendly.’

‘Wouter Jongen is a very personable and strong professional. Always a pleasure to work with. Understands his clients. Efficient and strong communicator. Experienced in buyout processes and understand the dynamic and landscape.’

‘Wouter Jongen is the best as far as leveraged finance is concerned. He is supported by a talented and versatile group of lawyers such as Dylan Goedegebuure.’

‘Highly knowledgeable on the subject matter. Pleasure to work with. Great responsiveness.’

Key clients

Triton Capital



Three Hills Capital Partners

Parcom Capital

Royal Dutch Terberg Group


Mentha Capital Partners

Smile Invest

Work highlights

  • Advised Unica, a leading independent provider of technical services, on its syndicated refinancing.
  • Advised Tikehau Capital on the financing supporting the acquisition of a majority stake in CReators of the Outside WorlD (CROWD), a pan-European leading provider of cycling infrastructure and sustainable street furniture.
  • Advised premier Dutch private equity fund Parcom on the financing supporting the acquisition of Elektramat.

Loyens & Loeff

With a comprehensive banking and finance team, Loyens & Loeff has in-depth experience of negotiating complex cross-border financial transactions for corporates and private equity firms. Headed by Kim Koops, the team offers a broad range of services to borrowers that encompasses loan agreements, refinancing matters, aircraft leasing, and acquisitions. Gianluca Kreuze is experienced in leveraged financing, while Ehsan Shirzadi and Ruben den Hollander are also names to note for their key contributions to the numerous high-value transactions handled by the firm.

Practice head(s):

Kim Koops

Other key lawyers:

Gianluca Kreuze; Ehsan Shirzadi; Ruben den Hollander; Michelle Broere


‘The team is hands-on, pragmatic and focused on supporting the business. The capabilities of the team are reflected in their spot-on and pragmatic legal advice.’

‘The advanced technology ensures the team is fully focused on the legal matters and provides continuous assistance.’

‘Ehsan Shirzadi is capable of crystallising complex legal matters into straightforward language. He is an out-of-the-box thinker, pragmatic and cooperative. He also avoids lengthy and unnecessary discussions.’

‘Ehsan and his team have proven that during transactions they know when they need to be in the foreground and when in the background.’

Key clients

The Blackstone Group

Cable Connectivity Group

Northland Power

Navquiem (formerly De Poli Tankers)


Lider Aviciao

Highbrook Investors

Rivean Capital

Schroders Capital

Elliott Advisors (UK) Limited


Round Hill Capital LLC


M7 Real Estate Ltd.

AlpInvest Partners B.V.

Summit Partners LLP

BB Capital

Symphony Technology Group

Keensight Capital

Torqx Capital Partners


Headed by Arjan Pors, the team at NautaDutilh acts for a variety of borrowers, including private companies as well as Dutch and foreign sponsors. With particularly strong ties to the US and UK markets, the firm is proficient at navigating both multi-jurisdictional and domestic financial transactions. Elizabeth Van Schilfgaarde, Janneke de Goeij-Prins, and Diederik von Königslöw all possess a thorough knowledge of cross-border transactions, especially between the Netherlands and the US. Other key members of the team include David Viëtor and Diederik Vriesendorp.

Practice head(s):

Arjan Pors

Other key lawyers:

David Viëtor; Diederik Vriesendorp; Diederik von Königslöw; Janneke de Goeij-Prins; Elizabeth van Schilfgaarde


‘The team are very organised, keep each other abreast of the most recent developments, are open to suggestions with regard to the process and deliver a very high-quality product. All team members communicate very transparently on the progress made and potential roadblocks and share their insights, both solicited and unsolicited.’

‘They have in-depth knowledge of the finance market and are very experienced when it comes to financing transactions, even unrivalled when it comes to asset-based lending and securitisation in the Netherlands.’

‘They stand out for their speed of action, pragmatic approach and good market knowledge.’

‘They create a no-nonsense and positive, pleasant atmosphere in which a transaction can be concluded to everyone’s satisfaction.’

‘Clear and open communication. Good accessibility and quick responses. Good knowledge and expertise in loan documentation and financing, giving us confidence in their advice. Agreements are fulfilled and status updates are provided in a timely manner. As the client, we are taken care of by the team.’

Key clients


AGT Foods and Ingredients, Inc.

Anthony Veder Group N.V.

Apax Partners

Bain Capital Private Equity

Bergman Clinics

BDR Thermea Group

BNP Paribas Fortis SA

B.V. Holding Maatschappij Damen

The Carlyle Group



Damen Shipyards Group N.V.

Damen Ship Lease Holding B.V.

Damen Shipyards Group

Eredivisie C.V.

ForFarmers N.V.

High Tech Campus Eindhoven

HSBC Bank Plc

HumanTotalCare B.V.

ING Bank N.V.


KBC Bank N.V.

Keensight Capital

Levine Leichtman Capital Partners LLP

McDermott International, Inc.

National Westminster Bank Plc

Nautilus, Inc.

NIBC Bank N.V.



Oxbow Carbon LLC

Royal Bank of Canada

Schoeller Allibert

Stadion Feijenoord N.V.

Sumitomo Mitsui Banking and Corporation Europe Limited

Venn Partners

WeWork Companies LLC

Work highlights

  • Advised Bain Capital Private Equity on the financing for its acquisition of a majority stake in European recruitment specialist House of HR.
  • Advised WeWork Companies LLC as Dutch counsel on the debt restructuring of its existing debts, which resulted in total funding and capital commitments of over $1 billion.
  • Assisted Oikocredit, a worldwide cooperative that promotes sustainable development, with its first facility agreement.


Stibbe has experience of representing high-profile clients in complex cross-border transactions, with particular strengths in acquisition and real estate finance. The banking and finance team is co-led by Maarten de Bruin, Marieke Driessen, and Rein van Helden. Valued for her keen insights and negotiating skills, Driessen has established herself as a go-to lawyer within the financial sector with more than two decades of experience. Located in London, Van Helden is recommended for his impressive track record of handling high-value international banking and finance mandates for clients such as JP Morgan, Frigoglass, and Basic-Fit. Niek Groenendijk is another prominent member of the team, having worked on many significant refinancings and facility agreements.

Practice head(s):

Maarten de Bruin; Marieke Driessen; Rein van Helden

Other key lawyers:

Niek Groenendijk; Barbra Bulsing; Suzanne van Boheemen

Key clients



Great Grey Investments


Citibank and Goldman Sachs


3G Capital

BNP Paribas



European Investment Bank (EIB)

The Baupost Group, Timex Group

Mitiska REIM


Work highlights

  • Advised on the merger between the Swiss corporation Firmenich International SA and Dutch publicly listed Koninklijke DSM N.V. to create DSM-Firmenich.
  • Advised Frigoglass on the consensual recapitalisation and financial restructuring of Frigoglass S.A.I.C. and the group of companies formerly controlled by it.
  • Advised Mitiska REIM on the acquisition (from Syntrus Achmea) and financing of retail centre Makado Beek and the refinancing of the acquisition of retail park Woonboulevard Arnhem.

Baker McKenzie

With a well-established global network, Baker McKenzie has extensive experience of handling transactions involving multiple jurisdictions and financial regulations across the world. The firm frequently acts for equity funds, sponsors, Dutch banks, and foreign financial institutions. The team advises on acquisition finance matters as well as preparing and negotiating facility agreements. Fedor Tanke specialises in extensions of credit, real estate finance, and non-performing loans, among other matters; he is especially recommended for cross-border matters between Germany and the Netherlands. Leading the team alongside him is Corinne Schot, who heads the financial services and regulatory team in the Amsterdam office.

Practice head(s):

Corinne Schot; Fedor Tanke

Other key lawyers:

Max Swart; Daniël Kelderhuis

Key clients

Kohlberg Kravis Roberts & Co.

Zenzo Tuindrop B.V.

Work highlights

  • Advised Kohlberg Kravis Roberts & Co., one of world’s most prominent investment funds, on the acquisition of 100% of the shares in Sunshine Equity B.V. as parent company.


CMS offers a comprehensive banking and finance service to borrowers. In addition to frequently advising on sustainable finance, the firm has also cultivated an expertise in the real estate and hospitality industries. Heading the team is Eduard Scheenstra, who works closely with the firm’s offices across the world to offer clients a seamless service for international transactions; he has expertise in leveraged finance, real estate finance, and corporate borrowing, among other matters. Etiënne Courbois and Jenny Noordermeer are also recommended for their experience of working on a variety of multi-jurisdictional financing matters for the firm.

Practice head(s):

Eduard Scheenstra

Other key lawyers:

Etiënne Courbois; Jenny Noordermeer


‘Etiënne Courbois of the CMS Netherlands team is very approachable, well acquainted with the client portfolio, and demonstrates out-of-the-box thinking.’

‘A great team with a proactive approach.’

‘The team were highly professional and had a deep understanding of the client’s needs and market standards.’

‘The team stand out for their continued focus on the client’s goals, professional support in negotiations and clear and accurate drafting. Billing is clear and timely.’

‘Etiënne is always available, accessible and has a high level of readiness.’

Key clients

1Zone Capital

Carl Zeiss


Ekco Cloud Limited




Delin Capital Asset Management

Novelis Inc.


Work highlights

  • Advised citizenM on the refinancing of part of its European portfolio, consisting of hotel properties, financed by a lending syndicate (including HSBC, ABN Amro and AAReal).
  • Advised Delin Capital Asset Management on the green loan refinancing and restructuring of its real estate fund with multiple distribution locations.


Dentons has a well-established reputation for its capabilities within the international finance market. With a focus on transactional and regulatory work, the firm advises banks, financial institutions, and large corporations on a variety of financial matters. Marcel Janssen spearheads the team and often handles complex matters for corporate borrowers. Jacqueline Bell regularly leads on the firm’s cross-border mandates with Europe, Africa, and the US. Gerard Koster and Holly Quirke are also an integral part of the team with their collective experience including bond subscription agreements, real estate refinancing mandates, and revolving credit facility matters.

Practice head(s):

Marcel Janssen

Other key lawyers:

Jacqueline Bell; Gerard Koster; Holly Quirke


‘The firm stands out for its knowledge of the Dutch market and its commercial orientation. They were a good price for the quality of the work.’

‘The partners were available, there was a good response time, and the team was commercially orientated.’

‘The team at Dentons has a very hands-on approach, in-depth understanding of financing agreements and provided tailor-made solutions. The financing was not straightforward but Dentons helped us to make it a success. Dentons’ team stood out for its personal approach and was always available.’

‘Marcel Janssen is an outstanding communicator. He possesses excellent interpersonal skills, which enable him to build strong relationships with clients.’

‘I would recommend Gerard Koster without reservation. His dedication, communication skills and legal expertise make him a true asset to the firm, and I have no doubt that he will continue to excel in his legal career and make significant contributions to the legal profession.’

‘Strong technical ability and an understanding of and experience in complex financings and taking security (particularly in borrowing base transactions) in emerging markets.’

‘Jacqueline Bell has proven to be a tough and technical negotiator, and has successfully turned the other parties around to understanding the borrower’s perspective many times.’

Key clients

GIGA Storage

UBM Development

Round Hill

Baywa AG/Cefetra Group



Work highlights

  • Assisted Round Hill Capital, a global real estate investment and asset management firm, with the innovative refinancing of a large property set to become one of Utrecht’s newest residential areas.
  • Advising Baywa AG and its subsidiary group Cefetra on the management of the group level revolving credit facility of Euro 1.7m in light of the evolution of its operations and financing needs.


Houthoff regularly acts for borrowers on both domestic and cross-border mandates, including real estate finance, acquisition finance, refinancings, and syndicated loans. The team, which is led by Loet Venrooy, has notable experience of acting for private equity borrowers from jurisdictions across the globe. Prominent members of the team include André de Neve, who has more than two decades of experience handling international finance transactions, and Jessica Terpstra, who works in the firm’s London and Amsterdam offices. Sjors Panis, Jeroen Vossenberg, and Nadia Nartey-Wemegah are also recommended.

Practice head(s):

Loet Venrooy

Other key lawyers:

Sjors Panis; Jeroen Vossenberg; Nadia Nartey-Wemegah; André de Neve; Jessica Terpstra


‘Houthoff’s first-rate bank lending team has deep sector knowledge and a very strong and loyal client base built up by very commercial, pragmatic and client-focused lawyers. They are very responsive, knowledgeable and have a good breadth of team members below partner level who are extremely responsive, give excellent advice and always meet deadlines.’

‘Having been one of the Netherlands’ most important law firms for many years, it is difficult to keep improving their very consistent high level of quality across all their practice areas. Their active presence in leading legal networks is a clear added value to cope with enviable international clients’ cross-border projects.’

‘Loet Venrooy has unique experience in advising on borrower-side financing work. He is a great problem solver and his knowledge of how to get things done is unparalleled. Moreover, Loet offers his clients an unparalleled degree of specialisation.’

‘In our latest complex project Houthoff has proven itself as a leading authority in banking and finance law with a deep understanding of the complex regulatory environment that is specific to the case.’

‘Houthoff’s team consistently deliver thorough and well-reasoned legal advice, ensuring that all stakeholders involved are well informed on time and equipped to make decisions.’

‘Jeroen Vossenberg is highly responsive, always available and possesses excellent communication skills. He excels in presenting legal concepts to the stakeholders, ensuring that all parties are well-informed and aligned. His professionalism and strong commitment to the case delivered the best possible legal solutions.’

‘The team consistently demonstrates an unparalleled commitment to securing favourable outcomes for our company.’

‘What truly sets the firm apart from competitors is their exceptional ability to combine deep legal knowledge with a practical, client-focused approach.’

Key clients

Royal De Heus N.V.


Dümmen Orange

Hg Capital

Boart Longyear

Schletter Group/Schletter International B.V./Nordic Trustee

Astorg Asset Management


Boreal IM


Sligro Food Group

Van Oord Group

Savardhana Motherson Group


Keter Group

Work highlights

  • Advising Royal De Heus N.V. on the €900m financing required for its acquisition of the Masan Group in Vietnam.
  • Advising Keter Group in respect of the refinancing of its €1.36bn credit facilities.
  • Advised Hg Capital on the financing of its acquisition of Sky Group Holding BV and its subsidiaries.


The team at Lexence demonstrates impressive and broad capabilities within the banking and finance sector. The firm has in-depth experience of representing private equity firms and regularly handles financial transactions for Dutch as well as foreign clients. Leading the team, Charles Destrée  is a finance expert with three decades of experience, and is particularly knowledgeable about the regulatory components required for cross-border mandates. Further standout members of the team include Max de Vreede and Nina Blanke for their experience in acquisition finance.

Practice head(s):

Charles Destrée

Other key lawyers:

Max de Vreede; Nina Blanke


‘The team consists of top-notch professionals who really approach things with a solution-orientated mindset.’

‘The team is respectful and offers balanced advice. They are easy and friendly to work with. They respect the wishes and aims of their clients.’

‘Charles Destrée has a huge amount of experience.’


Paul Kuipers leads the team at Linklaters, which has broad capabilities in international financing transactions and is particularly experienced in negotiating matters on behalf of private equity sponsors and fund managers. With an in-depth knowledge of the energy and utilities sector, the firm is well placed to advise on financing matters within this industry. Mees Roelofs and Bram Bulter are also core members of the team.

Practice head(s):

Paul Kuipers

Other key lawyers:

Mees Roelofs; Bram Bulter

Key clients


Glennmont Partners

Meridiam SAS


Finco Fuels

Invest International Capital B.V.

Danske Bank A/S

Syngenta Crop protection AG

Sygenta RCF

Work highlights

  • Advised the sponsor team comprising of Meridiam, Allianz Capital Partners and Kansai Electric Power on the financing of the NeuConnect interconnector project that will link the Isle of Grain in England to Wilhelmshaven in Germany.
  • Advising Dutch oil commodities trader Finco Energies as borrower on its external financing from a consortium of five banks.

Osborne Clarke

Co-led by Axel van der Staak and Johannes de Jong, the team at Osborne Clarke is a go-to practice for mid-market borrowers seeking advice on real estate finance, acquisition finance, and corporate finance, among other transactional matters. The firm has experience handling domestic as well as cross-border mandates for clients such as Angelo Gordon and Schroders Capital. Peter Van Der Horst and Marlinde Klein Ganseij are also notable members of the banking and finance team.

Practice head(s):

Axel van der Staak; Johannes de Jong

Other key lawyers:

Peter Van Der Horst; Marlinde Klein Ganseij


‘Axel van der Staak is very pragmatic, hands on, quick, and easy to level with.’

‘Axel van der Staak and Marlinde Klein Ganseij did a great job. They are easy to work with, quick, filter out the essentials, and are very good value for money.’

Key clients

Amvest Development Participations B.V.

Angelo Gordon & Co, L.P.

Bredenoord Holding B.V.


Magazijn “De Bijenkorf” B.V.

Royal Agrifirm Coöperatieve U.A.

Schroders Capital Netherlands B.V.

Ampyr Solar Europe

Magis Real Estate B.V.

GARBE Real Estate

Fertilife Benelux B.V.

Work highlights

  • Advising Ampyr Solar Europe on its up to €200 million financing of a portfolio of existing and new-build solar parks across the Netherlands with Rabobank.
  • Advising HAK on its up to €75 million refinancing of the (acquisition and real estate) term loan and revolving credit facilities arranged by ING Bank and ING Commodity Finance.
  • Advising Schroders Capital Netherlands (formerly Cairn Real Estate) on obtaining €85 million acquisition and capex finance facilities for the purpose of acquiring and redeveloping five office towers in Hoog Catharijne.

Simmons & Simmons

The ‘highly knowledgeable’ team at Simmons & Simmons works closely with the firm’s offices across Europe, providing clients with a comprehensive service on cross-border mandates. The firm handles matters relating to real estate finance, leveraged finance, acquisition finance, and revolving credit facility agreements, among other transactions. Ivo van Dijk is at the forefront of the banking team and has impressive experience acting for corporate borrowers, buy-to-let specialists, and private equity investment groups such as Axiom Partners. Emrecan Karacaoglu is another exceptional member of the team, having acted for borrowers in both Dutch and international matters.

Practice head(s):

Ivo van Dijk

Other key lawyers:

Emrecan Karacaoglu


‘The team is very knowledgeable but also very practical and focused on the key matters. No detail escapes their attention.’

‘They are very pragmatic when it comes to solving issues and they are people focused.’

‘Simmons & Simmons is an outstanding law firm. They boast a team of top-notch legal experts who prioritize their clients. Their commitment to diversity, and strong collaborative culture makes them exceptional.’

Key clients

Axiom Partners

Gilde Equity Management (GEM) Benelux

Plukon Food Group

Hiltermann Lease Groep

Stichting AndGreen.Fund

Savills Investment Management

Waterland Private Equity Investments

90 North Group

AHV International

Work highlights

  • Advised Axiom Partners B.V. in relation to a EUR 105 million credit insured trade receivables based financing/refinancing for its Dutch and Belgian entities of De Staffing Groep, Seven Stars and Fixed Today as sellers.
  • Advised Gilde Equity Management in relation to a EUR 120m senior secured facilities agreement, among other matters.
  • Acted as Dutch legal counsel to Plukon Food Group as borrower in 6 jurisdictions in relation to the Dutch law-governed EUR 450m revolving facility agreement.


Stek regularly advises borrowers across a variety of industries, including agriculture, real estate, energy, and healthcare, among others. Sharon Kaufmann and Herman Wamelink are both recommended for project finance and asset-based financing matters. Maarten Van Der Graaf is particularly skilled at handling cross-border acquisition finance, while Marleen Veenstra frequently advises on general corporate lending. Katinka van den Brink is also noted.

Practice head(s):

Marleen Veenstra; Sharon Kaufmann; Herman Wamelink; Maarten van der Graaf

Other key lawyers:

Katinka van den Brink


‘They are very pragmatic, thorough and quick to respond.’

‘It is a very good and professional firm that is suited for more experienced clients as well.’

‘Marleen Veenstra is an amicable negotiator and pragmatic in her approach. She runs her team efficiently and can align well with different types of stakeholders.’

Key clients

Coöperatie Avebe U.A.



Elfi Vastgoed

Farm Frites


HC Partners

Icelake Capital

Lexar Partners

Nordian Capital Partners


Work highlights

  • Advised Elfi Vastgoed on its property financing provided by ABN AMRO.
  • Advised Marvesa on a borrowing base financing.

Van Doorne

With Angelique Thiele having cultivated a strong reputation for real estate and development financing in the Netherlands, Van Doorne is a go-to firm for both Dutch and international commercial real estate investors. The firm also advises corporate borrowers across a wide range of industries, including automotive, retail, energy, and shipping. Stefan van Rossum leads the firm’s restructuring and insolvency team; he advises borrowers on leveraged finance, asset-based lending, and property financings. The 'very experienced' team also includes Jelmer Baukema and Roel Botter; Baukema specialises in alternative financing, while Botter is recommended for finance matters related to the public sector.

Practice head(s):

Stefan van Rossum; Angelique Thiele; Jelmer Baukema

Other key lawyers:

Roel Botter


‘The team is very experienced, knowledgeable and has a hands-on approach. Both legal and notary services are available.’

‘They provide excellent customer services and are top of the class in the Dutch real estate finance industry.’

‘The Van Doorne financing team is well known in the Dutch market and very experienced in finance transactions. The team can work fast, they are pragmatic and they able to get the deal done within the agreed timeframe.’

‘Angelique Thiele is well known in the sector and has excellent knowledge and understanding of the industry and developments in the industry. In a transaction, she is capable of bringing parties together as she understands the position of the counterparty.’

‘Angelique Thiele is an excellent communicator and negotiator and never loses sight of clients’ interests. In addition to that, she is pleasant to work with and down to earth.’

‘Jelmer Baukema is smart and always delivers.’

Key clients



Arçelik A.Ş.

KME Group

The Transport Authority Amsterdam



DK Capital

Edmond de Rothschild REIM

Europa Capital




Live Nation Entertainment



Tristan CAP

Mogelijk Vastgoedfinancieringen

Hedin Automotive/Stern

Orange Investment


Port of Rotterdam

Quadoro Doric


SVP Global

Verbrugge International


Work highlights

  • Acted as counsel to Havenbedrijf Rotterdam N.V. (the Port of Rotterdam) on three financings of an aggregate amount of EUR 300m.
  • Acted as legal counsel to Live Nation in relation to a note issue programme and bridge loan for the (re)financing of worldwide acquisitions of concert and theatre halls, with Goldman Sachs acting as placement agent/bridge lender.
  • Advising Mogelijk Vastgoedfinancieringen, a major Dutch P2P property lending platform, on all legal aspects of its business since its inception.


With over twenty years of experience in the banking and finance sector, Vincent Bettonville leads the team at AKD. The firm handles a wide range of matters for borrowers, including refinancing mandates, amendments to facility agreements, multi-currency revolving credit facilities, and acquisition finance. Niels Hagelstein has extensive experience advising corporations within the real estate, manufacturing, and logistics industries. Renate Punt-Huizer brings expertise in the shipping sector to the team and regularly handles complex financing transactions for clients within this sphere.

Practice head(s):

Vincent Bettonville

Other key lawyers:

Renate Punt-Huizer; Niels Hagelstein


‘Niels Hagelstein works quickly and precisely.’

‘AKD knows our organisation and the case. They are pragmatic.’

‘The firm stands out for its good quality work, which is paired with a good working environment.’

‘They’re really responsive, approachable and proactive on transactions, and their advice is very clear, user friendly and commercial. They’re also very good at keeping us up to date on fees or flagging out-of-scope matters quickly.’

‘They are very accommodating and are happy to speak to clients directly on points of Dutch law where required, particularly when acting on the borrower side.’

Key clients


Pine Bridge Benson Elliot

Crédit Agricole Corporate & Investment Bank


Exide Technologies

Deutsche Private Equity


Iron Mountain


Morgan Stanley


CSU/Total Care

KIC InnoEnergy

Acta Marine

Aukera Real Estate Debt


Work highlights

  • Advised VDL Groep B.V. on its first syndicated revolving facility agreement with Coöperatieve Rabobank U.A., ING Bank N.V., ABN AMRO Bank N.V. and BNP Paribas S.A.
  • Advised Iron Mountain on several amendments to its senior facility agreement and the entering into of multiple on-demand facility agreements.


BarentsKrans has a diverse client portfolio that includes private equity houses, multinational corporations, hospitality companies, and financial institutions. Since publication, Michiel Martin has taken over leadership of the practice. Located in The Hague, Nuray Aslan is another notable member of the team with experience in both national and cross-border financial transactions.

Practice head(s):

Michiel Martin

Other key lawyers:

Nuray Aslan


‘What makes this practice unique is that they are always available and will quickly think of who is the best person to help with the task.’

‘The practice has different individuals with specialties, and we always get the best person for the job.’

‘The team is easy going, involved, and knowledgeable.’

‘The team is hands-on, good value for money and has a good network.’

Key clients


BMW Financial Services

Borealis Hotel Group


DCL Corporation

Cornelder Holding


Ducor Petrochemicals

Foreman Capital

Huisman Equipment

Klimaatfonds Nederland

Landesbank Hessen-Thüringen Girozentrale (Helaba)

Meatpoint (Zwanenberg Food Group / Struik Foods Europe)

MSA Safety

Skandinaviska Enskilda Banken (SEB)


Urban Gym Group







Lloyds Banking Group


Mid Ocean Group

North Wall Capital

Quintes Holding

R+V Lebensversicherung AG

Saudi Aramco Overseas Company

Work highlights

  • Assisted Borealis Hotel Group (a large hotel group using brand names such as Hilton, Hyatt, IBIS, Holiday Inn, Moxy and Staybridge) with the entry into of a new senior facilities agreement with Atlantic Park and Three Hills Capital Partners.
  • Advised DCL Corporation on a DIP credit agreement and a stalking horse asset purchase agreement.

Bond Advocaten

Bond Advocaten is a boutique firm that focuses on finance matters with particular strength in project and real estate finance. The team also frequently advises on acquisition finance, corporate debt, bilateral loans, and asset finance. Joannes de Bont focuses on complex transactions and is an expert in matters concerning Dutch security rights. Jan-Joost van Rijsbergen and Robert Steeg, who has experience advising on all aspects of domestic and international finance transactions, are also prominent members of the team.

Practice head(s):

Jan-Joost van Rijsbergen; Joannes de Bont; Robert Steeg


‘Bond Advocaten is a true trailblazer in the legal industry. With its commitment to excellence, and an unparalleled team of legal professionals, this practice stands out as a shining example of legal expertise and client-centric service.’

‘Bond Advocaten boasts a team of attorneys with diverse legal backgrounds, allowing them to provide comprehensive solutions across various practice areas. This multidisciplinary approach ensures clients receive well-rounded advice tailored to their specific needs.’

‘The team are knowledgeable, pragmatic, swift in their replies and are always very pleasant to work with.’

‘Joannes de Bont is an excellent lawyer with practical and clever solutions for problems that arise along the way of a project financing.’

‘Jan-Joost van Rijsbergen is not only an expert in his field but also stands out for his communication skills with all stakeholders in the process.’

‘Bond Advocaten sets itself apart through its unwavering dedication to providing clients with the highest calibre of legal representation.’

‘Potential clients would be pleased to know that the team is not just knowledgeable, but they’re also great listeners. They prioritise understanding the specific needs and challenges of each client and then craft tailored solutions.’

‘While other firms may offer similar services, what sets this practice apart is their people-first approach. They believe in nurturing relationships, ensuring that clients feel valued, and are confident in the solutions provided.’

Key clients

Ausnutria Dairy Corporation

AFI Europe N.V.


ASN Bank

ASR Real Estate

Berliner Volksbank EG

Coöperatieve Rabobank U.A.

Credit Agricole Corporate and Investment Bank

Credit Linked Beheer

Ctac N.V.

De Vrije Blick



Freshstream Investment Partners

Holland Casino N.V.

ING Bank N.V.




NewPort Capital

SAA Verzekeringen N.V.


SHS Capital


Work highlights

  • Advised Germany-based healthcare specialist SHS Capital on the financing of the investment in CAM Bioceramics, a manufacturer of calcium phosphate solutions.
  • Advised ASN Bank (a Dutch green bank) on the senior tranche of the EUR 32m financing of Opcharge, a Dutch supplier for EV charging solutions in the Netherlands.
  • Advised EBS on the EUR 134m financing of its acquisition of ZE bus vehicles and charging infrastructure from Keolis in connection with the new IJssel-Vecht concession.

Eversheds Sutherland

Eversheds Sutherland has experience acting for large international developers and is especially strong in matters concerning project finance, real estate finance, and leveraged finance. Pim Van Leersum is at the helm of the banking and finance team, where he utilises his expertise to offer international corporates strategic advice on complex financing transactions. Burcin Oral is also noted for her experience in acquisition finance, corporate finance, and real estate finance.

Practice head(s):

Pim van Leersum

Other key lawyers:

Burcin Oral


‘The team is very approachable and knowledgeable. In my experience, ES works efficiently and is not focused on billing as many hours as possible. The attitude towards the other party was also open, cooperative and professional.’

‘The team is very approachable, both partners and associates. ES works in small deal teams which makes a file manageable.’

‘Pim van Leersum is very approachable, calm and knowledgeable.’

Key clients

Accsys Technologies

Arcline Investment Management

ASM International


Bayerische Landesbank


Columbia Threatneedle








LaSalle Investment Management

Lloyds Bank


Nordea Bank

Novar (formerly Solarfields)





Scatec Solar


Siemens Bank

Starz Capital


Multinational Bank

Technip Energies


Total Safety


Greenberg Traurig LLP

Headed by Sabine Schoute, the team at Greenberg Traurig LLP is experienced at handling multifaceted cross-border financial transactions. Thijs Elseman is highly skilled at representing private equity investors and corporates in finance and restructuring matters. Jack Schrijver is another prominent member of the team, who regularly advises on real estate finance and project finance mandates. Sahur Adam is also noted for her work on some of the firm’s most complex transactional matters.

Practice head(s):

Sabine Schoute

Other key lawyers:

Sahur Adam; Jack Schrijver; Thijs Elseman


‘The team is very good at representing both borrowers and lenders so they understand the different perspectives. Because of this, they can flag key issues for either lenders or borrowers and will be able to filter out the real discussion items from those that are merely a formality.’

‘The team is exceptionally deal driven and honest. This is a great combination. Jack Schrijver will clarify if a discussion is worth having or not from his perspective and will also push on in order to get things done.’

‘The team is great. They are very professional, dedicated, highly motivated and committed to the client.’

‘Sabine Schoute is very dedicated and professional. She always tries to assist and find a creative solution. It is a real pleasure working with her.’

‘The Greenberg team is very customer oriented and is very reliable.’

‘Sabine was always well prepared and displayed exceptional technical knowledge. Her overall work can be described as exceptional.’

‘Sabine is very commercial and out-performs expectations by using her skills and network.’

‘The team provided exceptional service and delivered a great result. Their strengths lie within their client service and their ability to pull in specialists from their company and network to help navigate difficult transactions.’

Key clients

Berlin Hyp AG

Cheyne Capital Management

Consortium of AT Capital and 3W Real Estate

Convent Capital Partners

Creators of the Outside World B.V.

Deutsche Bank AG

Deutsche Pfandbriefbank AG

Dream Industrial

First Sponsor

Garbe Industrial Real Estate

HSBC Continental Europe

International Campus

IntReal International Real Estate Kapital

Nostrum Oil & Gas PLC

Orion Infrastructure Capital

Pears Global Real Estate Investors

Tristan Capital Partners

Wells Fargo Bank, National Association

Work highlights

  • Advising a consortium of Berlin Hyp AG, Deutsche Bank AG Amsterdam Branch and Deutsche Pfandbriefbank AG on the EUR 435m landmark financing of a portfolio of four student campuses in Amsterdam and Rotterdam, owned by a joint venture between Greystar and the Abu Dhabi Investment Authority.
  • Advising Convent Capital’s portfolio company Creators of the Outside WorlD B.V. on term and revolving credit facilities from UniCredit Bank AG for its European business to support its buy and build strategy and to finance the acquisition of the HITSA business in Denmark.
  • Assisting Tristan Capital Partner’s TIPS One Debt Fund on the development financing granted to Elfi, a Dutch housing platform, to finance the conversion of three fully consented office buildings into a multi-family residential scheme.

Heussen B.V.

The banking and finance team at Heussen B.V. is highly recommended for cross-border matters relating to the energy and mining industries. Led by Martijn Koot, the team regularly advises on credit facilities, commodities financing, refinancing mandates, and note issuances, among other financial transactions. Sandy van der Schaaf is also an excellent source of advice on multi-jurisdictional financing matters, especially between Germany and the Netherlands.

Practice head(s):

Martijn Koot

Other key lawyers:

Tim Schreuders; Sandy van der Schaaf


‘The team is responsive and practical. They have a good handle on the issues involved in working with foreign counsel and a good handle on how the domestic issues impact international companies. They are well known and connected within the industry.’

‘Tim Schreuders and Martijn Koot are reliable and their advice is practical and sage. They have also brought up lawyers who are breaking into the space, including Sandy van der Schaaf.’

Key clients

Agnico Eagle Mines Limited

International Flavors & Fragrances (IFF)

Belden Inc.


Orange Clover Law

Boutique law firm Orange Clover Law is home to lawyers who are highly experienced in the industry and frequently advise Dutch companies on refinancing and asset-based financing matters. Kees Hooft heads the finance team and Hannah van Grevenstein works closely with him on many of the firm’s high-value financing mandates.

Practice head(s):

Kees Hooft; Alex Gonzalez

Other key lawyers:

Hannah van Grevenstein


‘The team is extremely hands-on with the absolute guarantee that the partner involved is actually dedicated.’

‘Kees Hooft is transparent in his communication and flexible on timing. He delivers on his promises.’

Key clients


Fuite Group

Losberger De Boer





Schur Flexibles

Stichting Nationaal Warmtefonds

PLUS Supermarkets


Work highlights

  • Acting as borrower’s counsel for PLUS supermarket chain in respect of its EUR 300m (with a EUR 100m accordion) refinancing including for the takeover and integration of the COOP supermarket chain.
  • Acting as borrower’s counsel for Fuite Group in respect of its EUR 120m (with a EUR 25m accordion) asset-based financing including for capital expenditures on various agricultural feed production facilities.
  • Acting as borrower’s counsel for Stahl, a Dutch-based group industrial holding company, in respect of a USD 579.5m refinancing and acquisition financing.

Rutgers & Posch

Rutgers & Posch possesses strong capabilities in mid-market financing transactions. The firm advises borrowers within various sectors, including real estate, automotive, private equity, and insurance. Kees Westermann and Vasco Hoving lead the team, with experience in handling matters relating to structured finance, acquisition finance, and financial restructuring, among others. Maarten Ahsmann is another key member of the team who regularly assists on the firm’s most prominent cases.

Practice head(s):

Kees Westermann; Vasco Hoving

Other key lawyers:

Maarten Ahsmann; Jamie Pellegrom


‘A professional team with strong commitment, excellent availability for clients and highly focused on achieving the results in time.’

‘Vasco Hoving has unique experience when it comes to advising on the borrower side of financings.’

‘The team at Rutgers & Posch was very knowledgeable, highly responsive and down to earth.’

‘The firm has the multi-disciplinary expertise of a large top-tier firm combined with the entrepreneurial spirit of a boutique.’

‘Jamie Pellegrom is a motivated and enthusiastic professional who always strives for the best results for her client.’

‘Kees Westermann is a highly qualified professional. He is quick to understand complicated matters. He is an excellent negotiator and an amiable person.’

‘They provide very good quality advice and guidance.’

‘Rutgers & Posch is a law firm with good expertise, short lines of communication and a hands-on approach.’

Key clients


Telios Investments (part of the Green Arrow Capital group)

International Car Lease Holding

Bovemij Financieringsmaatschappij/Care4Lease


ASR Nederland

Rinkelberg Capital

Work highlights

  • Advising Telios Investments in connection with a EUR 11m real estate facility from NIBC Bank N.V./OIMIO regarding the acquisition financing of two car parks in Rotterdam and Enschede operated by tenant Q-Park for a total deal value amount of EUR 20m.
  • Acting as lead and review counsel on a cross-jurisdictional EUR 350m multi-currency syndicated borrowing base facilities agreement granted to Business Lease group companies in Eastern Europe for the financing of car leases.
  • Advising Rinkelberg in connection with a EUR 30m energy asset loan agreement.