Banking & Finance

Banking & Finance

New requirements for capital, stricter rules of conduct and more complex European legislation have all had an effect on the financial markets. Financial institutions must always respond swiftly to developments in the financial sector and comply with constantly changing laws and regulations. Houthoff’s Banking & Finance Team has a comprehensive knowledge of the financial sector, and the laws and regulations that govern it. The experienced Banking & Finance Team provides services to domestic and foreign banks, investors, other financial institutions, large companies and supervisory authorities. Our specialists give advice on a large variety of banking and financial transactions. This can involve high-end acquisition, real estate, asset or project financing, syndicated or bilateral loans, or restructuring, all of this in the context of complex financial regulations and legislation.

  • “The team’s sense of strategy is observed by clients, one suggesting that it is ‘good at evaluating risks and knowing when to let go of different items in the negotiations.’”
    Chambers Europe, Banking & Finance (2021 Edition)
  • “A client speaks of the team’s meticulousness, asserting that ‘the lawyers are on top of all the issues at hand.’”
    Chambers Europe, Banking & Finance (2021 Edition)
  • Recommended
    Chambers Global, Banking & Finance (2021 Edition)
  • “Houthoff is one of the most locally rooted firms in the Netherlands which is a clear added value when it comes to banking regulatory matters. On the other side their international capabilities are multiplied by their very active role in leading legal networks, such as Lex Mundi.”
    Legal 500, Banking & Finance: Financial services regulatory (2021 Edition)
  • Recommended
    Legal 500, Banking & Finance: Asset finance and structured finance (2021 Edition)
  • Recommended
    Legal 500, Banking & Finance: Borrower side (2021 Edition)
  • “They are very responsive, knowledgeable and have top rate partners who are commercially minded and able to see things from the clients.”
    Legal 500, Project finance and PFI (2021 Edition)
  • Recommended
    Legal 500, Project finance and PFI (2021 Edition)
  • “The asset finance and structured finance team of Houthoff combines excellent technical knowledge with an ability to integrate business issues into its analysis. They have deep sector knowledge. They offer a comprehensive service (great combination of legal, tax and regulatory) and we believe that they bring true expertise to a matter based on their breadth of experience.”
    Legal 500, Banking & Finance: Asset finance and structured finance (2021 Edition)
  • “Houthoff is an outstanding firm with a strong market knowledge and specialised teams for issues including structured finance, restructuring, corporate loans and regulatory compliance.”
    Legal 500, Project finance and PFI (2021 Edition)
  • Recommended
    Legal 500, Banking & Finance: Financial services regulatory (2021 Edition)
  • “I am working hand in hand with the banking and finance partners and counsels at Houthoff. Some matters revealed to be very time sensitive, complex and needed an efficient coordination. Working together with Houthoff and its competent and responsive team on cross-border transactions is a real key success factor for our international clients. They are second to none in terms of responsiveness and quality of output. Houthoff as a firm is also well structured, organized and coordinated, which is, from my point of view, an explanation of the firm’s efficiency.”
    Legal 500, Banking & Finance: Financial services regulatory (2021 Edition)
  • Recommended
    Legal 500, Banking & Finance: Lender or arranger side (2021 Edition)
  • Recommended
    Chambers Global, Banking & Finance (2020 Edition)
  • “The ‘close connection with the team and the personal involvement of partners’ sets the firm apart.”
    Chambers Europe, Banking & Finance (2020 Edition)
  • “An enthusiastic client particularly notes the team is ‘very pragmatic’ and ‘comes up with solutions for the client.’”
    Chambers Europe, Banking & Finance (2020 Edition)
  • “There is good know-how sharing within the team, good knowledge of each other’s transactions.”
    Legal 500, Banking & Finance: Asset finance and structured finance (2020 Edition)
  • “The team has a hardworking and commercial approach – delivering on time excellent work products.”
    Legal 500, Banking & Finance: Asset finance and structured finance (2020 Edition)
  • “Very professional and efficiently run team that I enjoyed working with. Quality advice from experienced specialists with junior lawyers effectively supporting the seniors.”
    Legal 500, Banking & Finance: Borrower side (2020 Edition)
  • Recommended
    Legal 500, Banking & Finance: Lender or arranger side (2020 Edition)
  • Advised and represented Finqus B.V. and DSB Bank N.V. (in bankruptcy) on the sale of Finqus' loan portfolio with a purchase price of approx. EUR 1.5 billion to NIBC Bank N.V.
  • Assisted the Salvation Army in setting up the investment fund 'Stichting Leger des Heils WoonVermogen' for construction projects that make a social impact. The 'Stichting Leger des Heils WoonVermogen' is funded by private investors and aims to build 250 residences for vulnerable people in the coming years.
  • Houthoff advised Petrobras Global Trading B.V. on a USD 3,250,000,000 revolving loan and letter of credit facility agreement between Petrobras Global Trading B.V. as borrower, Petro;leo Brasileiro S.A.; Petrobras as guarantor, Credit Agricole Corporate and Investment Bank as the administrative agent and The Bank of Nova Scotia, Citigroup Global Markets Inc., Credit Agricole Corporate and Investment Bank, JPMorgan Chase Bank, N.A. and Mizuho Bank, Ltd as joint bookrunners and joint lead arrangers.
  • Houthoff advised TH Real Estate on the acquisition and financing of a modern logistics complex in Rotterdam (Maasvlakte II). This is the second acquisition for TH Real Estate's European Logistics Fund. The vendor is selling the property in a sale and long-term leaseback transaction. The property comprises two buildings, dating from 2008 and 2016. It has a total lettable area of 39,500 square metres, most of which is laid out for the storage of hazardous goods.
  • Houthoff represented The Datacenter Group in the acquisition of two data centers from Rabo Bouwfonds Communication Infrastructure Fund and the refinancing of The Datacenter Group.

  • Advised various parties on Brexit including Lloyd's and VSZ, a Dutch managing agent acting on behalf of a number of Lloyd's syndicates.
  • Advised the winning bidder, consortium Noaber18, consisting of DIF and VolkerWessels on the financing of the PPS-project N18 ‘De Nieuwe Twenteroute’.
  • Advised Petrobras Global Trading B.V. in respect of various finance transactions, including USD5 billion term loan facility with China Development Bank Corporation.
  • Advised Goodyear on its EUR 250 million eight year high yield senior unsecured notes issuance. Goodyear is a market leader in the manufacture, distribution and sale of tires for global distribution markets and engages in automotive, vehicle parts, rubber and polymer-related businesses.
  • Advised The Blackstone Group L.P., in connection with a EUR182.87 million senior facilities agreement relating to various Dutch retail properties. This matter is particular significant due to the fact that the financing in respect of this acquisition had to be included into an existing facilities agreement.
  • Advised the OpenIJ consortium, consisting of BAM, Volker Wessels, DIF and PGGM, on the EUR480 million + financing of its successful bid for the new sealocks at IJmuiden. This matter is particularly significant because when completed, these will be the largest sealocks in the world. Also, the IJmond project is the first large infrastructure PPP project in the Netherlands to reach financial close.
  • Advising Van Oord on its new € 400 million revolving facility agreement.
  • 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.
  • Advised, jointly with Skadden, Arps, Slate, Meagher & Flom, Deutsche Bank AG as administrative and collateral agent on a major syndicate refinancing for Owens-Illinois, one of the world’s leading glass-packaging manufacturer. The deal consisted of a USD 300 million revolver, a USD 600 million multicurrency revolver, a USD 600 million term loan facility, a EUR 278 million term loan facility and a USD 300 million delayed draw term loan facility.
  • Houthoff advised the borrower on a US$ 100 million secured finance transaction arranged by Wells Fargo.
  • Advised Petrobras Global Trading B.V. in respect of various finance transactions, including USD600 million offshore trade-related revolving loan and guaranty agreement with Standard Chartered Bank.
  • Advised Petrobras Global Trading B.V. in respect of various finance transactions, including USD500 million loan agreement, between, amongst others, J.P. Morgan Europe Limited as banker, JPMorgan Chase Bank, N.A. London Branch as mandated lead arranger and Her Britannic Majesty’s Secretary of State acting by the Export Credits Guarantee Department.
  • Houthoff, together with Shearman & Sterling, advised JP Morgan and a syndicate of banks on a US$ 1,5 billion refinancing of the acquisition finance relating to the acquisition of AMC Entertainment by Affiliates of J.P. Morgan Partners and Apollo Management.
  • Advised Orbimed Advisors, one of the leading debt investors in the life science sector, in a USD 100 Million debt financing of Pharming Group N.V. a Dutch listed company. The proceeds were used to redeem outstanding convertible bonds and an existing senior debt facility with Sillicon Valley Bank. As part of the transaction Pharming issued 9.2 million warrants to Orbimed.

主要联系人

阿姆斯特丹
Advocaat | Partner
+31 20 605 61 07
+31 6 5365 8037
Jessica Terpstra

主要联系人

伦敦
Advocaat | Partner
+44 207 422 50 42
+44 793 250 73 92
Andé de Neve

主要联系人

鹿特丹
Advocaat | Partner
+31 10 217 24 23
+31 6 5184 5369