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Pascal Vanden Borre

Work +32 2 533 52 97

Work Department

Corporate & Finance.




Pascal Vanden Borre is a partner active in Stibbe's Brussels office. He specialises in corporate law, particularly mergers and acquisitions, public offerings and takeover bids, joint ventures, ECM transactions and corporate finance. His work includes assisting clients in the acquisition or sale of large and medium-sized Belgian companies, IPOs, secondary offerings and delisting of several companies, capital and debt restructuring transactions, creation of real estate investment trusts and the issuance of real estate certificates.

Pascal Vanden Borre is guest professor at the law faculty of Ghent University and the author of various publications in the area of corporate and finance law.


Dutch, French, English.


Pascal is a member of the Financial Law Institute of the University of Ghent (UGent).


Pascal graduated in law from the Universiteit Gent (1992) and holds a degree in economic and financial law from the Université Libre de Bruxelles (1994).


Banking, finance and capital markets

Within: Banking, finance and capital markets

Stibbe¬†has a strong position in the Belgian lending market, which is reflected by its work for borrower clients such as Vandemoortele, Cegeka and Proximus. Its 'client-oriented' team is 'easy to work with and very pragmatic'. The firm's broad banking practice spans acquisition finance, real estate finance and project finance, among other areas.¬†Wouter Ghijsels¬†(who succeeded Jan Peeters¬†as the Brussels managing partner in January 2019)¬†and counsel¬†Sofie Heremans¬†acted for Fedrus International on the ‚ā¨176m financing related to its acquisitions of Defrancq France SAS and Umicore‚Äôs building products business unit in France. Ghijsels is 'always reachable, even when working on multiple deals at the same time'. In another matter, Peeters¬†and senior associate¬†Pieter-Jan Van Houdenhove¬†assisted Novo Nordisk with negotiating the finance related to its purchase of Ablynx. In the real estate sphere, a highlight in 2017 involved advising Q-Park on the Belgian aspects of a refinancing following its takeover by KKR. The firm also has a strong client following among many of the largest and most active lenders, including Belfius Bank, National Bank of Belgium and KBC Bank. Ghijsels and senior associate¬†Pieter Nobels¬†advised¬†BNP Paribas Fortis, ING, Belgian real estate developer Immobel and CFE on the structuring and implementation of a financing package for the redevelopment of a mixed-use building complex located at the former headquarters of Solvay. Beyond banking work, the firm is also a major player in debt and equity capital markets transactions; this side of the practice is spearheaded by Ghijsels, Peeters and Pascal Vanden Borre. The firm also has a standout financial regulatory practice.¬†Julien Bogaerts¬†recently made partner.¬†Ivan Peeters¬†and¬†Philip Van Steenwinkel¬†moved to¬†PwC Legal.

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Commercial, corporate and M&A

Within: Leading individuals

Pascal Vanden Borre - Stibbe

Within: Commercial, corporate and M&A

The 'very experienced' corporate and finance team at Stibbe¬†attracts praise for its 'ability to handle any size transaction in Belgium in an efficient and cost-effective manner'. Jan Peeters¬†led a team advising US-based company Spirit AeroSystems on its ‚ā¨540m acquisition of Asco. In another work highlight, the group assisted Punch Powertrain on its joint venture with PSA Groupe in France. Dries Hommez,¬†who is 'an outstanding corporate partner with a strong business sense and the ability to direct all legal aspects of a M&A deal', led a team instructed by¬†General Electric on the Benelux aspects of the sale of its water treatment business to Suez, and its industrial solutions business to ABB. Stefan Odeurs¬†heads the practice, which also includes Pascal Vanden Borre¬†and¬†Jan Bogaert. Julien Bogaerts¬†was recently promoted to the partnership.

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