Loet Venrooy

Advocaat | Partner

Contact

+31 20 605 61 07
+31 6 5365 8037

Languages

Dutch
English

Follow me

Loet is head of Houthoff’s Banking & Finance practice group and of the Financial Services section and he has a particular focus on cross-border banking and financing transactions, and financial restructuring. He has extensive experience in advising clients and with transactions in the financial sector, including in relation to acquisition financing, real estate financing, syndicated and bilateral loans, debt restructuring, and structured and asset-based financing. His clients include financial institutions, private equity parties and other funds and companies. Loet regularly lectures on banking and securities law.

  • recommendation people shaking hands
    "Sources contend that he displays 'sound knowledge of the files, strong commercial awareness and effectiveness' and also report that his 'customer service is of a high standard."
    Chambers Global & Europe, Banking & Finance (2018 Edition)
  • recommendation people shaking hands
    Recommended
    Legal 500, Banking & Finance: Borrower Side (2018 Edition)
  • recommendation people shaking hands
    Recommended
    Legal 500, Banking & Finance: Lender or Arranger Side (2018 Edition)
  • recommendation people shaking hands
    Recommended
    Legal 500, Banking & Finance: Asset finance and structured finance (2018 Edition)
  • recommendation people shaking hands
    Recommended
    Legal 500, Project Finance and PFI (2018 Edition)
  • recommendation people shaking hands
    "Loet Venrooy is 'a very senior, experienced lawyer who is able to advise on highly complicated matters and still keep arrangements very practical'."
    Chambers Global & Europe, Banking & Finance (2017 Edition)
  • recommendation people shaking hands
    Recommended
    Legal 500, Project Finance and PFI (2017 Edition)
  • recommendation people shaking hands
    Recommended
    Legal 500, Banking and Finance: Lender or Arranger Side (2017 Edition)
  • recommendation people shaking hands
    "Loet Venrooy heads the lean and very dedicated banking team at Houthoff Buruma."
     
    Legal 500, Banking and Finance: Borrower Side (2017 Edition)
  • recommendation people shaking hands
    Recommended
    Legal 500, Banking and Finance: Asset Finance and Structured Finance (2017 Edition)
  • recommendation people shaking hands
    Recommended as a 'Leading Lawyer in practice areas Banking, Project finance, Capital markets: Structured finance and securitisation and Asset finance'.
     
    IFLR1000 (2017 Edition)
  • recommendation people shaking hands
    "Clients describe financial markets group head Loet Venrooy as a 'very capable and sharp lawyer with an excellent understanding of the matters at hand'."
    Chambers Europe, Banking & Finance (2016 Edition)
  • recommendation people shaking hands
    "Sources identify his key strength as his ability to 'balance what is commercially desirable with the legal considerations'."
    Chambers Europe, Banking & Finance (2016 Edition)
  • recommendation people shaking hands
    "Practice head Loet Venrooy is recommended for his ‘excellent knowledge of the market’."
     
    Legal 500, Banking and Finance (2016 Edition)

QUALIFICATIONS & EXPERIENCE

  • Law (Leiden University)
  • Houthoff recently advised on the financing of the Amvest Residential Core Fund with an accordion credit facility of EUR 1 billion.
  • Houthoff represented Argos Soditic in the acquisition of the Future Group, consisting of the following four business groups operating in the public and financial sector: the Talenter group, PLANgroep, Human Capital Group and Future Communication. This matter is particularly significant for Argos Soditic as it signifies Argos Soditic's first presence in the Netherlands.
  • Houthoff recently advised on the acquisition of the shares in the IEF portfolio by a consortium led by CBRE Global Investors (three institutional investors from the Netherlands, plus CBRE Dutch Retail Fund). IEF is a joint venture formed by Bouwfonds Investment Management and IEF Capital. The portfolio consists of 31 Dutch retail properties (mostly flagship stores), including the well-known Dutch retail chains HEMA and de Bijenkorf. The deal was valued at more than one billion euros. As well as overseeing the share purchase, Houthoff was also hired to advise on the financial arrangements by the banks financing the deal: ING, ABN AMRO and BerlinHyp. In all, Houthoff had a team of more than 50 staff working on the deal.

  • Houthoff advised Attestor Capital LLP in the purchase of approximately 75 real estate loans from ABN AMRO with a combined nominal value of over EUR 200 million.
  • Houthoff advised ABN AMRO Bank, ING Bank and ABN AMRO Lease on a complex asset based financial restructuring and LTV pool based financing of an international group of companies.
  • Houthoff advised Attestor in relation to the acquisition of a substantial (distressed) loan portfolio of one of the Dutch larger banks.
  • Houthoff advised ING Bank and ABN AMRO Bank in relation to a loan facility for DRES Master Fund C.V. for the purpose of financing a large residential portfolio.
  • Houthoff advised Bank of America Merrill Lynch and Neuberger Berman on a large Sharia based financial restructuring.
  • Advised publicly listed investment fund Value8 on all of its capital markets transactions including its reverse acquisition of Source Group, a publicly traded parent company of a group of companies that focuses on managing contracts of external personnel and the mediation of IT professionals, and its takeover acquisition of health care company Kersten Next B.V., a Dutch specialist in mobility, health care and communication devices for both private and business customers.
  • Advised 15 banks, including BNP Paribas, Crédit Agricole and HSBC on the USD4.4 billion project financing to Oyu Tolgoi LLC. The Oyu Tolgoi mine is one of the largest copper and gold mines in the world and is located in Mongolia.
  • Advised RET (Rotterdam's public transport company) on its first external financing.
  • Advised on the EUR 74 million refinancing of Shoes Unlimited, part of Unlimited Footwear Group.
  • Advised on the refinancing of the Amvest Residential Core Fund by means of a new EUR 700 million loan.

Publications