White & Case LLP‘s team is very well-regarded for its ability to hand cross-border leveraged finance work, regularly collaborating with the firm’s global offices to advise both borrowers and lenders in connection with high-value acquisitions. As direct lenders increase their market presence in Belgium, the practice often advises global private capital funds on complex unitranche financings and holdco PIK financings. The team is also a popular destination for clients seeking advice on debt capital markets matters, with Willem Van De Wiele advising on bond issuances and private placements in addition to handling securitisation mandates. The practice is led by restructuring specialist Thierry Bosly. Leveraged financing expert and former co-head Hadrien Servais left the firm in July 2024.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The Belgian private debt/ finance team overall is very strong. Communication is especially strong: The team is always responsive and creative to tackle matters that are difficult to resolve. I think the whole team is quite unique or certainly far ahead of other law firms in creatively tackling issues in our documents and contracts and coming up with solutions that work well for us and are also acceptable to counterparties. ’

  • 'One of the best teams in the market, with a commercial drive and client service that is second to none.'

  • 'White & Case has a very strong team. Well connected across offices globally, so you feel like you get global advice, even when speaking with your local counterparts.'

Key clients

  • ABN AMRO Bank
  • Alcentra
  • Aliaxis
  • Ardian
  • Armonea
  • Aurubis
  • Barclays
  • Bain Credit
  • Bank of America Merrill Lynch
  • Baring Asset Management Limited
  • Bayerische Landesbank
  • Belfius Bank SA/NV
  • Bluebay Asset Management
  • BNP Paribas Fortis
  • BofA Securities
  • CACIB
  • Capital Four Management A/S
  • Castik Capital Partners
  • Citigroup
  • Cobepa NV/SA
  • Commerzbank
  • Coöperatieve Rabobank U.A.
  • Crédit Agricole Corporate and Investment Bank
  • Credit Suisse
  • Crelan SA
  • CVC Capital Partners
  • CVC Credit
  • Danske Bank A/S
  • Dentius Group
  • Deutsche Bank
  • Diaverum
  • DNB Bank
  • DZ BANK AG Deutsche Zentral-Genossenschaftsbank
  • Elia System Operator
  • Erste Group Bank AG
  • Eurazeo
  • EQT Credit
  • European Investment Bank
  • Euroports
  • Goldman Sachs Private Credit
  • GSO Capital Partners
  • Hamon & Cie
  • Hayfin Capital Management
  • HSBC
  • Huvepharma
  • Ideal Standard
  • ING
  • JPMorgan
  • KBC Bank
  • Keensight
  • Landesbank Baden-Württemberg
  • Le Pain Quotidien
  • Mithra Pharmaceuticals
  • Morgan Stanley
  • Natixis
  • NatWest Markets
  • Norddeutsche Landesbank - Girozentrale
  • Nordea Bank
  • Nurtra
  • Park Square
  • Plukon
  • Royal Bank of Canada
  • Santander
  • SettleMint
  • SD Worx
  • Siemens Bank
  • Skandinaviska Enskilda Banken AB
  • Société Générale
  • Sumitomo Mitsui Banking Corporation
  • Swedbank AB
  • Tikehau
  • Triton Partners
  • UBS
  • UBS Investment Bank
  • UniCredit
  • Wilmington Trust

Work highlights

  • Advised Kpier on a unitranche financing provided by funds managed by Bain Capital Credit and Apax Credit.
  • Advised Barings on a unitranche financing for the acquisition of Trustteam by Rivean Capital.
  • Advised Belgian bank Crelan SA on the establishment of an EMTN programme and on two benchmark issues under this new programme.

Practice head

The lawyer(s) leading their teams.

Thierry Bosly, Willem Van de Wiele