Stibbe advises Ballast Nedam

NL Law

Stibbe has advised Ballast Nedam on an extensive restructuring of its group structure and real property portfolio.

The restructuring consisted of, among other things, transfers of shares in 23 entities, more than a 100 real property transfers and a number of transfers of joint venture interests. The transactions had to be carefully planned in cooperation with a number of lenders under Ballast Nedam’s syndicated and bilateral credit and guarantee facilities. The restructuring was successfully completed according to schedule in the first week of January 2018.