Banking, finance and capital markets

BSP

Tapping into an 'excellent knowledge of the market', BSP provides 'cost-effective and high-quality advice' to banks, funds and corporates seeking or providing financing to facilitate general corporate, real estate and M&A needs, inter alia. As well as providing the Luxembourg-related structuring on cross-border mandates, the team is also well-versed at handling domestic deals governed by Luxembourg law. In this context, the 'very knowledgeable and pragmatic' Nicolas Widung has recently advised lenders on syndicated loans (under Luxembourg law) relating to domestic real estate. Although he has a fairly versatile finance offering, the 'outstanding' Laurent Lazard is best-known for his securitisation prowess for both arrangers and issuers of securitisation vehicles across a range of asset classes, including leasing receivables, credit card receivables. With 'the ability to translate Lux law issues into straightforward solutions', Nuala Doyle excels at handling complex cross-border transactions; she co-heads the team alongside Widung and Lazard.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

'It is a highly responsive and competent team which lead the negotiations thanks to their excellent knowledge of the market.’
'The team provides cost-effective and high-quality advice.'
‘Laurent Lazard is an outstanding, experienced expert in all fields of Luxembourg finance law; excellent to work with in all respects.'
‘Nicolas Widung is very responsive and always available to answer questions, hands-on, shares his knowledge, has an excellent legal expertise in Luxembourg banking and financing matters and is really pragmatic.'
‘Nicolas Widung is very knowledgeable and pragmatic.'
‘Nuala Doyle she has the ability to translate Lux law issues into straightforward solutions. We can't rate that highly enough on large cross-border deals.’

Key clients

Banque Internationale à Luxembourg
Absa Bank Limited
ADLER Group S.A., formerly ADO Properties S.A.
Citibank N.A., London Branch
Volkswagen Bank GmbH
Santander Consumer Bank AG
Oriens
Landesbank Baden-Württemberg
RBC Europe Limited
Goldman Sachs Bank Europe SE

Work highlights

Advised Volkswagen Bank GmbH in connection with the renewal of its securitization programme and the issuance of €490.1m additional notes under the same programme.
Advised Oriens as Luxembourg legal counsel with respect to the financing provided by Československá obchodní banka, for the acquisition of Hruska Group by Central EuropeanRetail Holding s.r.o., a member of the Oriens group.
Advised Banque Internationale à Luxembourg and Banque et Caisse d’Epargne de l’Etat on a Luxembourg law $120m multicurrency facilities agreement for the QuilvestGroup/Bemberg Capital.