Restructuring

Stibbe assisted a client in its EUR 1.1 billion refinancing to obtain additional credit for the realisation of investment plans and for refinancing existing debts. The credit facility is provided by an international banking syndicate of 11 European banks.

Stibbe advised the directors of the Gemeentelijke Holding, one of the main historical shareholders of Dexia NV, throughout the entire crisis period.

Stibbe assisted a leading technology solutions provider in a project involving the restructuring and partial acquisition of a Belgian-Luxembourg IT servicing company which provides cross-border IT services to no-longer affiliated financial institutions.

Stibbe advised a real estate specialised group on its plans to transform its newly-purchased hotel into office spaces.

Stibbe assisted a client with restarting negotiations with the unions concerning the company's restructuring and collective lay-off after several months' complete "communication blockage".

Stibbe advised on the tax aspects of a listed German group's debt restructuring through a Luxembourg vehicle.

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

Stibbe advised Proximus, a listed company and longstanding client, on a broad variety of matters, including innovative partnerships, regulatory compliance, M&A and finance projects, and dispute resolution.
 

Stibbe advises Advent International, the US based venture capital and private equity firm, on the Dutch corporate aspects of the acquisition by Advent of General Electric’s (GE) distributed power unit for $3.25 billion.

Stibbe advised Heineken on the split-off of 3,000 employees.

Stibbe is advising the Ministry of Economic Affairs and Climate Policy on a short-term bridging loan and guarantee facility provided to the leading Dutch maritime player Royal IHC and on the acquisition of Royal IHC.