Under the expert guidance of the ‘technically excellent, commercial and user-friendly’ Fabien Debroise, Ashurst’s Luxembourg office has gained prominence for its fund finance offering for a lender-focused client base. Here the team regularly works alongside its London office and is adept at advising on the full range of lending products, including on subscription lines, NAV facilities and GP facilities. Other areas of expertise include real estate and acquisition finance, where the firm is well-placed to provide the local law advice on cross-border mandates, often working in tandem with other offices throughout the network.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Our go-to people for difficult Luxembourg deals.'
  • 'In my opinion, Fabien Debroise is the best fund finance lawyer in Luxembourg - he is technically excellent, commercial, responsive, super user-friendly and cost-effective.'

Key clients

  • Barings
  • Morgan Stanley
  • Intermediate Capital Group
  • NatWest Markets PLC
  • Investec Bank PLC
  • Oxford Properties
  • Barclays Bank PLC
  • Credit Suisse
  • Castlelake
  • The Royal Bank of Scotland International Limited
  • Equitix Limited
  • Banco Santander S.A.
  • National Australia Bank Limited

Work highlights

  • Advised Investec on a facility that part-funded the acquisition of four portfolio companies: First Camp, Veni, Sperre and NetNordic by a newly established continuation fund managed by Norvestor.
  • Advised an international banking consortium on a €322.2m financing for Nexrail, a rolling stock lessor, to finance the acquisition of new and more eco-friendly locomotives from manufacturer Vossloh Locomotives.
  • Advised an ICG-managed fund on a €150m facilities agreement arranged by Standard Chartered Bank, supporting investments, portfolio companies, and short-term working capital, with a negotiated subscription line security package for Luxembourg entities.

Practice head

The lawyer(s) leading their teams.

Fabien Debroise

Other key lawyers

Katia Fettes, Fiona Keating