Norton Rose Fulbright advises syndicate of banks on the acquisition financing for Jindal Group

Business October 18, 2017

Global law firm Norton Rose Fulbright has advised a syndicate of five banks, coordinated by Rabobank, on the financing for the European business of Jindal Group.

The Jindal Group is a steel and energy conglomerate, with headquarters in India. The financing was partly used for the acquisition of Apeldoorn Flexible Packaging from Dutch private equity investor Bencis.

The firm advised the banks on the national and international aspects of the financing and worked together with colleagues in New York, Milan and Brussels.

The Norton Rose Fulbright team in Amsterdam was led by of counsel Joris Ravelli and partner Paul Vine, with assistance from associates Natascha Veenendaal and Angelina Zhang-Li.  Further advice was provided by partner Stephen Castro and associate Ryan Apar (both New York), and partner Gennaro Mazzuocolo (Milan).

Joris Ravelli commented: 

“We are delighted to have advised on this acquisition financing, which involved multiple jurisdictions across different time zones ranging from India to New York. We have a combined English and Dutch law team here in Amsterdam and worked very closely together with our Norton Rose Fulbright offices in New York and Milan, demonstrating our cross- border capabilities.”

For further information please contact:

Kate Farrell, Public Relations Executive
Tel: +44 (0) 20 7444 3724; Mob: +44 (0) 7515 324 290 
kate.farrell@nortonrosefulbright.com

Notes for editors:

Norton Rose Fulbright

Norton Rose Fulbright is a global law firm providing the world’s preeminent corporations and financial institutions with a full business law service. The firm has more than 4,000 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.

Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through its global risk advisory group, the firm leverages its industry experience with its knowledge of legal, regulatory, compliance and governance issues to provide clients with practical solutions to the legal and regulatory risks facing their businesses.

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Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see nortonrosefulbright.com/legal-notices.