Banking and finance: lender or arranger side in Netherlands

Allen & Overy LLP

Allen & Overy LLP remains one of the Dutch market’s key players in financial law, with a client list that includes several of the largest domestic banks, as well as major multinational institutions. Practice head Niels de Ru is highly recommended in cross-border matters, with a particular focus on trade and commodity finance, export finance, and syndicated lending. Another key aspect of the firm’s practice is non-bank lending, and it is highly active in deals involving non-bank institutional debt. Femke Bierman is another key figure in the team, alongside Andrew Thomas and senior associates Luke Whibley and Erik-Jan Wagenvoort.

Practice head(s):

Niels de Ru

Other key lawyers:

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

Key clients

ING

MetLife Investment Management LLC

Société Générale S.A

Landesbank Baden-Württemberg

BNP Paribas

Work highlights

  • Advised ING as arranger of a €200m private placement facility for the Van Oord Group provided by a number of direct lending entities.
  • Advising an international syndicate of banks on the refinancing of a €500m revolving credit facility for the Boskalis group.
  • Acting for the lenders on an additional RCF for GrandVision N.V.

Clifford Chance

Clifford Chance continues to be a formidable presence in the Dutch market, advising several of the jurisdiction's most prominent financial institutions, along with a host of tope-end international clients. Leveraged finance specialist Titus de Vries heads the team, in addition to working on syndicated lending matters. Other key names within the firm include English-qualified Angela McEwan, who leads on many of the firm's matters which overlap with the UK, counsel Jackie Jones, who focuses on trade and commodity finance, and Hein Tonnaer, who heads the firm’s renewables group and is heavily involved in project finance.

Practice head(s):

Titus de Vries

Other key lawyers:

Titus de Vries; Angela McEwan; Jackie Jones; Hein Tonnaer

Testimonials

Expertise and international reactivity.’

Key clients

ING BANK N.V.

Coöperatieve Rabobank U.A

Waterland

Pemberton

Gilde Buy Out Partners

ABN AMRO Bank N.V.

Tom Tom N.V.

Avignon Capital

Bank of America Merrill Lynch

HSBC

FBN Capital Limited

Hemisphere International Properties B.V.

NautaDutilh

NautaDutilh is one of the Dutch market’s strongest firms for lender-side advice, with a strong track record in cross-border mandates, particularly those involving the US. Acquisition and corporate finance specialist Arjan Pors leads the team from Rotterdam, while Elizabeth van Schilfgaarde serves as a bridge between the Dutch team and the US, as head of the firm’s New York office, taking on a vital role in deals such as the $600m financing of Bruker Corporation by a leading US bank. David Viëtor is another key figure within the team, focusing on financial restructuring and distressed transactions.

Practice head(s):

Arjan Pors

Other key lawyers:

Elizabeth van Schilfgaarde; David Viëtor

Testimonials

Arjan Pors has a high level of expertise.’

Nauta’s finance team are very knowledgeable and strong in the area, responsive and the perfect “local counsel”.’

‘David Viëtor is a very experienced, calm and safe pair of hands with a great team beneath him. I have worked with him for many years and never had any issues.’

Notable are the quality and responsiveness of their partner-led advice, consistency of their team and their pan-Benelux presence.’

Arjan Pors is very responsive and commercial.’

Friendly and always available.’

Key clients

Ares Capital Corporation

National Westminster Bank Plc

ABN AMRO Bank

HYPO NOE Landesbank für Niederösterreich und Wien

Rabobank

NIBC Bank

ING

Deutsche Bank

ASR Bank

Triodos

Work highlights

  • Acted as Dutch lenders counsel in relation to the financing of aspects of First State Investments’ acquisition of Vopak´s terminals located in Algeciras, Amsterdam, Hamburg and Tallinn.
  • Advised Ares Capital Corporation on the financing of the acquisition of Command Alkon by private equity firm Thoma Bravo from the current owner Quilvest.
  • Advised the initial purchasers on a secured notes offering by Clear Channel International, a wholly owned subsidiary of Clear Channel Outdoor Holdings.

Dentons

Dentons continues to expand its presence in the Netherlands with the addition of Arno Voerman and Pien Kerckhart, from Van Doorne and Finnius respectively, alongside expansion at the associate level. The firm is particularly recommended for cross-border matters, with practice co-head Jacqueline Bell advising on English law in addition to trade and commodity finance, in addition to being able to draw on firm’s large international network. Fellow co-head Marcel Janssen is highly experienced in leveraged financing, export finance, and sustainable finance.

Practice head(s):

Marcel Janssen; Jacqueline Bell

Other key lawyers:

Arno Voerman; Pien Kerckhart

Key clients

ING Bank

Rabobank

Amsterdam Trade Bank N.V.

HSBC

BNG Bank

Credit Suisse

Berlin Hyp

RoundShield Partners

UniCredit

IPF Partners

Nestr Smart Finance

Raiffeisen Bank

Societe Generale

Triodos

BNP Paribas

Work highlights

  • Advised Berlin Hyp on several financings, including the €56m financing of the Oliphant office building in Amsterdam and on the long-term €39.5m loan to Portico Investments Group for the financing of Dutch supermarkets and local shopping centres.
  • Advised Rabobank on a €45m equity release financing structure for Solarfields.
  • Advising Nestr Smart Finance on the setting up of a new loan platform for buy-to-let mortgages.

DLA Piper

Lex Oosterling heads the finance team at DLA Piper, and is particularly experienced in acquisition and leveraged finance, as well as real estate financing. The firm is also highly active in the field of non-bank lending, with English-qualified Max Mayer acting for several private credit funds on their lending mandates, both as sole lenders and on combination financing deals with banks. Gerard Kneppers is another key name within the team, focusing mainly on the energy and infrastructure sectors; he frequently handles cross-border work, making use of his English and South African qualifications.

Practice head(s):

Lex Oosterling

Other key lawyers:

Max Mayer; Gerard Kneppers

Key clients

ABN AMRO Bank N.V.

Cooperatieve Rabobank U.A.

ING Bank N.V.

BerlinHyp

Deutsche Bank

HSBC

OLB

Bank Nederlandse Gemeenten (BNG)

FMO (Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (Netherlands Development Finance Company))

Hamburg Commercial Bank

Zurich Insurance plc

Triodos Bank

Investec

Barings (Private Credit)

Capital Four

Crescent Capital

CVC Credit Partners

IdInvest

HPS

KKR Credit Advisors

Permira Debt Managers

Pemberton

SMBC/Park Square

Houthoff

Loet Venrooy heads the finance team at Houthoff, with a practice that focuses heavily on cross-border deals, including financial restructuring as well as complex structured deals. Jessica Terpstra is another key figure within the team, and is particularly recommended for UK clients or deals involving UK law, as she splits her time between the firm’s London and Amsterdam offices. The firm expanded its mid-level offering in 2020 with the addition of counsel Sjors Panis. Counsels Jan Veeningen, who brings substantial in-house experience, and Jeroen Vossenberg are other names to note.

Practice head(s):

Loet Venrooy

Other key lawyers:

Jessica Terpstra; Sjors Panis; Jan Veeningen; Jeroen Vossenberg

Key clients

KBC

Municipality of Amsterdam

ABN AMRO Bank

ING Bank

Rabobank

Credit Suisse

NIBC Bank

BNP Paribas

Bank of America Merrill Lynch

Deutsche Bank

Bank of China

Petrobras

Royal VolkerWessels

Attestor Capital LLP

ASR

Work highlights

  • Advised ING Bank on providing secured term loan facilities for Daydream, an international fund advised by Heitman International LLC, for the purpose of the acquisition of Leyhoeve Groningen and Tilburg (senior care apartments).
  • Advised ABN Amro and HSBC, on a secured revolving loan facility for CBRE Dutch Office Fund.

Linklaters

Linklaters continues to be a key firm for lender-side mandates in the Netherlands, with a client list that includes several of the largest firms in both the Dutch and European markets. The practice is led by Paul Kuipers, whose recent work has included acquisition financing, syndicated lending and project finance. Mees Roelofs is another key figure within the team, and is frequently instructed in high-profile cross-border deals, working with other the firm’s international network. The team can also handle English law matters in house via managing associate Mark Warren.

Practice head(s):

Paul Kuipers

Other key lawyers:

Mees Roelofs; Mark Warren

Key clients

Credit Suisse AG

Deutsche Bank AG

MUFG Bank, Ltd

ING Bank N.V.

Unicredit Bank AG

DPG Media

CQS Directional Opportunities Master Fund Limited

HS Retail B.V.

OYO Rooms

Centerbridge Partners Europe LLP.

LaSalle Investment Management

Kiwoom Securities Co. Ltd

Loyens & Loeff

The Loyens & Loeff team continues to act for several of the Netherlands’ largest financial institutions including ING, ABN Amro and Rabobank, alongside several large global players. Kitty Lieverse heads the overall team, while Gianluca Kreuze is the key contact for acquisition and corporate finance matters, often handling large cross-border deals. Other key team members include Mariette Van ’t Westeinde, who is recommended for more specialised matters such as structured finance, and Kim Koops, who focuses primarily on secured lending.

Practice head(s):

Kitty Lieverse

Other key lawyers:

Kim Koops; Gianluca Kreuze; Mariette Van ‘t Westeinde

Testimonials

Very solution-oriented law firm. Reliable in terms of quality and very quick.’

Kim Koops is always available for his client, is down-to-earth, with quick perception and a pragmatic view of the essentials (legally and economically). He has a sense of humor and is always polite and constructive in negotiations (also if others’ emotions are running high).’

Strong knowledge of the financing market in the Netherlands. Highly-skilled professionals. Good quality of consumer protection regulation and financial supervision act. Think along with the customer and deliver as promised.’

Kim Koops is a pragmatic adviser, understands our needs and delivers high-quality work. Good contractual experience and strong knowledge of the financing market. Kitty Lieverse is a top expert on financial supervision law and consumer protection laws and regulations. She is high quality, pleasant to work with and very easy to approach for all kinds of matters. Very good in communication and explaining various expects of a case at hand.’

An excellent, commercial and responsive team.’

Key clients

ABN AMRO Bank N.V.

ING Bank N.V.

HSBC

Berlin Hyp AG

European Investment Bank

Rabobank

Credit Suisse

JP Morgan

Societe Generale

Svenska Handelsbanken

Work highlights

  • Advised a consortium of banks on the €1.8bn public-to-private acquisition financing of a Cramo by Boels.
  • Advised NatWest Markets plc on t€500m financing to Cerberus Institutional Real Estate Partners for investments in real estate in various European jurisdictions.
  • Advised a consortium of banks on the €283m financing of Designer Outlet Centre Roermond.

Simmons & Simmons

Simmons & Simmons is highly active in the field of non-bank lending, with a client list that includes the likes of LeasePlan and BMO asset management as well as notable insurers. Additionally, the firm is highly active on the lender side of real estate financing deals, where practice co-head Jan-Joost van Rijsbergen is the key figure to note. Fellow co-head Marieke Driessen is particularly recommended for deals with a capital markets element, such as complex refinancing.

Practice head(s):

Jan-Joost van Rijsbergen; Marieke Driessen

Testimonials

Top-of-the-line legal advisory, solution-oriented, commercial, and always three steps ahead of you.’

Always three steps ahead of you, and always available with swift responses.’

Key clients

Aegon Asset Management

Citibank, N.A.

Rabobank

NN Investment Partners

LeasePlan

ABN Amro

ING Bank

BMO Global Asset Management

NIBC Bank

Barclays

Work highlights

  • Advising ABN Amro as lender on a €250m Standby Liquidity Facility to Clearstream Banking, the pre-eminent European clearing house.
  • Assisted Rabobank with the €180m term loan, working capital and bank guarantee facilities for the Amvest Development Fund.

Stibbe

Real estate financing and securitisation specialist Maarten de Bruin is one of the leaders of Stibbe’s financial team, which acts for many of the most prominent institutions throughout Europe and beyond, in addition to a robust domestic client base. Fellow practice co-head Rein van Helden specialises in financial restructuring, syndicated finance, and cross-border leveraged finance, such as the financing of Thermo Fisher’s acquisition of Qiagen, in which van Helden acted for a group of lenders including JP Morgan and Morgan Stanley. Senior associate Suzanne van Boheemen and counsel Robert Steeg are also noted.

Practice head(s):

Maarten de Bruin; Rein van Helden

Other key lawyers:

Suzanne van Boheeman; Robert Steeg

Key clients

ABN AMRO

Allied Irish Banks

ANZ

Aozora Bank

Ardian

Ares Management

Bank of China

Bank of Ireland

Barclays

BlackRock

BNG (Bank Nederlandse Gemeenten)

BNP Paribas

Citibank

Credit Suisse

Danske Bank

DBS Bank

Deutsche Bank

Deutsche Hypo

European Investment Bank

Goldman Sachs

ING

Insight Investment Management

JP Morgan

Landesbank Baden-Wurttemberg

Lloyds Bank

Mizuho Bank

Morgan Stanley

MUFG Bank

Natixis

NIBC

Nordea

NWB (Nederlandse Waterschapsbank)

Royal Bank of Canada

Santander

Sberbank

Société Générale

Toronto-Dominion Bank

UBS

Unicredit

Work highlights

  • Advising J.P. Morgan, Morgan Stanley and the other lending banks on providing financing to Thermo Fisher in connection with its intended acquisition of Qiagen.
  • Advised Société Générale as lender on the (€1.1bn) financing of the acquisition of a portfolio of logistics assets in the US and Europe by Mapletree from Prologis.
  • Advising the Ministry of Economic Affairs and Climate Policy on the restructuring of Dutch maritime player Royal IHC and on the acquisition of Royal IHC.

Van Doorne

Real estate financing is the key order of business at Van Doorne, and the firm represents a range of both domestic and foreign lenders in such deals, including refinancing deals as well as new facilities. Angelique Thiele leads the team alongside Stefan van Rossum, with Thiele primarily handling the real estate financing work, while van Rossum’s expertise lies in the field of financial restructuring, with a client list that includes several distressed debt investors as well as banks. On the leveraged financing side, Roel Botter is a key figure within the team, while associate Babette Vos is highly recommended for Pfandbrief-compliant financings and other German law-related deals.

Practice head(s):

Stefan van Rossum; Angelique Thiele

Other key lawyers:

Roel Botter; Babette Vos

Testimonials

Angelique Thiele and her team have profound knowledge about the legal advice a German Pfandbriefbank would need in the Netherlands. They combine a very commercial approach with a hands-on mentality to get the deal done. The legal advice is always excellent!

Angelique Thiele is very good in negotiations and knows everyone in the market.’

Hands-on approach, backed by strong knowledge about the subjects at hand. Always time for multiple questions. Practical and entrepreneurial mindset.’

Extra personal touch, commitment and dedication.

The Van Doorne team provided an outstanding service in all respects. They were absolutely on top of the legal, commercial, transaction management and client relationship aspects.’

Angelique Thiele is simply one of the best banking lawyers I have worked with in any jurisdiction. She is in complete command of the law and market practice, making her a formidable negotiator, but always maintains a polite and friendly attitude. Highly responsive with an exceptional work rate. A rare ability to distil complex legal issues down to clear relevant advice.’

Key clients

Barings/MassMutual

BentallGreenoak

Aareal Bank

DRC Capital

PGIM Real Estate

Rabobank

Nationale Nederlanden Investment Partners

Rothesay Life

RiverBank

Tristan Cap

Kildare

HSBC

Deutsche Hypo

Work highlights

  • Advised PGIM, Rothesay and Barings/MassMutual on a series of senior loan transactions (re)financing a number of trophy office buildings in the Netherlands, including the Amsterdam World Trade Centre and the Babylon building in the Hague.
  • Advised BentallGreenoak on a number of financing transactions for the development of logistic properties acquired by KKR/Mirastar in the Netherlands.
  • Advised Aareal Bank on a €380m refinancing of a hotel portfolio owned by Archer Hotel Capital, which includes the Amsterdam Renaissance Hotel and the Hilton at Schiphol Airport.

AKD

AKD continues to represent a wide range of domestic and international banks in their lending work, including large global players such as JP Morgan. Vincent Bettonville chairs the practice, and is particularly recommended for cross-border matters, as he also leads the firm’s US desk as well as advising on Curacao law. Managing partner Erwin Rademakers is another key part of the team, and leads the firm’s Asia desk. Sanne Swinkels is a name to note at the more junior end.

Practice head(s):

Vincent Bettonville

Other key lawyers:

Erwin Rademakers; Jasper Verhoog; Sanne Swinkels

Testimonials

Always available. Good knowledge. Very cooperative and flexible.’

Vincent Bettonville has outstanding knowledge about complicated matters but can translate this easily to non-legal persons. Sanne Swinkels can work independently and is flexible, but also has very good knowledge and is able to explain difficult clauses and contracts.’

Strong team, technically capable, commercial and very user-friendly.’

They are very quick, can explain difficult legal situations in simple terms.’

Vincent Bettonville is by far the best. Keen, friendly, capable of explaining legal issue to clients in their own words and on top of that a very pleasant man to work with. Sanne Swinkels is a quick and bright corporate lawyer.’

Key clients

Benson Elliot No – 10 years

Crédit Agricole Corporate & Investment Bank No – 6 years

JPMorgan No – 5 years

Seaway Heavy Lifting No – 10+ years

Benson Elliot No – 10+ years

Sumitomo Corporation No – 10+ years

Ralph Lauren No – 10+ years

Exide Technologies

Deutsche Private Equity

PepsiCo

Braskem

Boskalis

Bernhoven

Work highlights

  • Advised Braskem on a $1.5bn bond issuance through its Dutch finance subsidiary.
  • Advised Bernhoven with respect to the issuance of bonds.

Baker McKenzie

Baker McKenzie is particularly notable for its advice to non-domestic European clients operating in the Dutch market, with recent high-value instructions from several institutions based in Germany, as well as multiple pan-european mandates which see the team collaborate with the firm’s other offices. Fedor Tanke and Martijn van der Vliet lead the team, while Tim Alferink joined the firm from PwC Legal in late 2019.

Practice head(s):

Fedor Tanke; Martijn van der Vliet

Other key lawyers:

Tim Alferink

Key clients

CAERUS Debt Investments AG

European Real Estate Senior Debt 3 L.P.

Landesbank Baden-Württemberg

Münchener Hypothekenbank eG

Landesbank Hessen Thüringen Girozentrale (Helaba)

Work highlights

  • Advised Caerus Debt Investments AG on the refinancing of the HR Group.
  • Advised European Real Estate Senior Debt 3 L.P. DRC Capital LLP from a Dutch, English and Spanish law perspective on the refinancing of the existing facility agreement and increased facility up to an amount of €35m.
  • Assisted Landesbank Baden-Württemberg with the drafting, negotiation and execution of one facility agreement and two loan agreements.

Hogan Lovells International LLP

Hogan Lovells International LLP continues to act for a wide range of both domestic and multinational banking clients, in addition to several non-bank lenders including asset managers and debt funds. The firm is also highly active in the field of syndicated lending, primarily representing groups of lenders in acquisition financing mandates. Wouter Jongen heads the team alongside Robert Masman, while Siddharth Saxena is a key name from the associate ranks.

Practice head(s):

Wouter Jongen; Robert Masman

Other key lawyers:

Siddharth Saxena

Testimonials

Good ability to advise on the various risks connected to different structures and potential mitigating factors in docs. Good legal partner to have on a deal.’

Wouter Jongen is very knowledgeable in terms of the market and negotiating docs. Strong ability to achieve the best result/outcome for his clients. Very flexible and great person to work with on a transaction.’

Norton Rose Fulbright

Norton Rose Fulbright remains a worthwhile choice for Dutch banks seeking English law advice, as the addition of Anthony Pallett from Hogan Lovells International LLP allows the firm continues to offer English law advice from the Amsterdam office in spite of the departure of Paul Vine, who moved into consulting in late 2019. Practice head Wouter Hertzberger is highly recommended for asset and project financing matters, particularly those in the renewables sector.

Practice head(s):

Wouter Hertzberger

Other key lawyers:

Anthony Pallett; Wouter Hertzberger

Key clients

ABN AMRO

Amsterdam Trade Bank

Apollo

Bank of America

BNP Paribas

FMO

HSBC

ING Bank

Rabobank

Work highlights

  • Advised the lenders of the winning consortium of the tender procedure of the DBFMO agreement for the design, construction, finance, maintenance and operation of a new accommodation project that will be used by the National Institute for Public Health and Environment and the Agency of the Medicines Evaluation Board.
  • Advised De Nederlandse Waterschapsbank N.V. / BNG Bank on the construction of onshore windfarm Drentse Monden en Oostermoer (the DMO Project).
  • Advising the lenders on the financing of a windfarm to be located in the Dutch province of Drenthe, comprising of a number of turbines with an installed capacity of approx. 47MW.

Stek

Stek remains highly active in the Dutch lending market, particularly for domestic clients, frequently acting for several of the largest banks including ING, Rabobank, and ABN Amro. Key figures within the team include leveraged financing specialist Herman WamelinkMaarten van der Graaf, who is frequently involved in matters with a cross-border nexus, Frans Haak and Sharon Kaufmann, who is highly active in the healthcare sector.

Practice head(s):

Maarten van der Graaf; Frans Haak; Sharon Kaufmann; Herman Wamelink

Key clients

Invest-NL

ABN AMRO Bank

Rabobank

ING Bank

Deutsche Bank

NIBC Bank

BNG Bank

BNP Paribas SA

Silicon Valley Bank

EBRD

Export Import Bank of India

Work highlights

  • Advising ABN Amro, as the lender, on the financing for telecoms operator Simpel.nl.
  • Advising BNG and NWB as the lenders on the financing of GVB, the company that facilitates the public transport in and around Amsterdam.
  • Advised ABN Amro, ING Bank and Rabobank on a bridge RCF financing provided to Schiphol.

Bird & Bird

Bird & Bird is primarily active in the field of acquisition financing, and predominantly acts for Dutch banks in their offering of such finances. Additionally it handles energy and project finance, as well as financing deals for emerging markets. Roger van Buuren leads the group, having joined from Bond Advocaten in late 2019, and focuses on project finance, leveraged finance, and syndicated lending.

Practice head(s):

Roger van Buuren

Testimonials

‘Compared to other firms Bird & Bird is approachable and down to earth. They are always there to answer your questions and try to get to the bottom of your problem. They reach beyond your ‘simple’ question and think about the process as a whole. ‘

‘Bird & Bird is a very hands-on and pragmatic law firm, always looking for practical solutions for a fair price compared to other firms.’

‘Roger is down to earth and very approachable. He has a strong understanding of what banks want.’

‘Roger is pragmatic and brings a lot of knowledge to the lower mid-market.’

‘Roger van Buuren is very pragmatic, always looking for practical solutions and transparent about the fees charged. Generally stays within his capped fee-quote.’

‘Roger van Buuren is a lawyer who truly understand how a loan product works. This does set him apart from competitors because he thinks about possible constrains which otherwise have to be solved later on in a process. This means the process is smooth and without surprises. ‘

Key clients

ABN AMRO Bank N.V.

ASN Bank

Oesterreichische Entwicklungsbank AG

Belgian Investment Company for Developing Countries SA/NV (Bio)

Vollers Holland B.V.

Pacifico Energy

Kreos Capital Group

Tronox Holdings plc

Work highlights

  • Advised ABN Amro Bank on a project finance facility for Primevest Capital Partners for the financing of the construction of the fibre-optic network in the Segbroek district of the Hague.
  • Advised ABN Amro Bank on a project financing arrangement for the financing of the construction and operation of a waste-to-fuel facility in the Netherlands.
  • Advised Oesterreichische Entwicklungsbank (OeEB) on a finance arrangement for a Dutch micro finance fund.

CMS

The finance team at CMS is frequently instructed by foreign banks operating in the Dutch market, frequently collaborating with the firm’s international offices to handle cross-border work. Eduard Scheenstra jointly leads the team alongside Marc van Zanten, while the firm expanded its capacity in this area with the hiring of syndicated lending specialist Etiënne Courbois, who joined as counsel in early 2020.

Practice head(s):

Marc van Zanten; Eduard Scheenstra

Other key lawyers:

Etiënne Courbois

Testimonials

Very good joint team effort with both the German side (legal, contract, deal) and Dutch side (securities, legal, DD, deal) working together seamlessly, but very effective and efficient.

Everyone in the team was great; specialists and partners were available (always) when needed, a very efficient and collected manner of working.’

Excellent work on the contractual/DD side in terms of written deliverables for speed, solutions and collaboration.

Key clients

ABN AMRO Bank N.V.

ING Bank N.V.

Rabobank

Deutsche Bank AG

HSBC Bank

Münchener Hypothekenbank eG

Deutsche Pfandbriefbank AG

Raiffeisen Bank AG

Erste Group Bank AG

Wells Fargo Bank, National Association

Aspen Real Estate Investment B.V.

Capreon

Oaktree / Kadans

Fidelity

M&L

Patrizia

Landesbank Saarbrücken

Aareal Bank AG

CitizenM

RCI Financial Services (Renault)

Sberbank of Russia

Work highlights

  • Advised SaarLB on the financing of the development of a wind farm (€66.5m) on the Dutch coast, which will be undertaken by a consortium formed by Dutch pension fund APG and French based Kallista Energy
  • Advised Amsterdam Trade Bank on the restructuring of its financing of Count Companies, Count Terminal Rotterdam and its supporting entities.
  • Advised Sberbank of Russia on the amendments of two different existing financings granted by Sberbank of Russia in relation to the construction of two shopping malls located in Russia (€577m and €765m).

Heussen B.V.

Heussen B.V. is frequently instructed as local counsel in cross-border financing matters, with a range of multinational clients including prominent banks and funds. Martijn Koot leads the team, and is particularly experienced in matters involving US or Canadian law, jointly leading the firm’s US desk. At the more junior end, dual-qualified senior associate Sandy van der Schaaf heads the firm’s German desk.

Practice head(s):

Martijn Koot

Other key lawyers:

Sandy van der Schaaf

Lexence

Lexence handles a wide range of financing matters, but is particularly recommended for work which involves the UK, as it offers in-house English law advice in the form of practice head Charles Destré, who is dual-qualified. The firm is particularly active in financing matters involving the real estate sector, alongside acquisition financing and regulatory work.

Orange Clover Law

Financial law boutique Orange Clover Law continues to establish itself in the Dutch market, primarily handling local counsel matters for large international banks, though it also acts for some notable domestic clients such as ING and BNG. Kees Hooft heads the team, and is heavily involved in acquisition financing, while Anita Koster is one to watch at the junior level.

Practice head(s):

Kees Hooft

Other key lawyers:

Anita Koster

Key clients

NIBC Bank

BNG Bank

ING Bank

Natixis

Barclays

HSBC

JP Morgan

Banco do Brasil

Santander

Société Générale

GEFA Bank

Triton (PE)

Avedon Capital Partners

Work highlights

  • Acting as lenders counsel to NIBC Bank in respect of various financings including distressed financings/investments.
  • Acting as lender’s counsel in respect of the $1.9bn acquisition financing of the sale of Shell’s Danish oil business.

Taylor Wessing

Taylor Wessing continues to establish itself in the Dutch market, and is most active in the field of real estate financing, particularly for deals involving non-bank lenders such as funds and insurers. Andre Babiy heads the team, which frequently acts as Dutch counsel for the firm’s UK office, while Sharon Kistemaker is the key name to note at associate level.

Practice head(s):

Andre Babiy

Other key lawyers:

Sharon Kistemaker

Key clients

MetLife

PGIM

Canada Life Investments

Bayerische Landesbank

LIDL Nederland

AXA

Work highlights

  • Advised Canada Life Investments on the refinancing of several high-end properties in the Netherlands.