Legal DealFolio - European Investment Bank

Clifford Chance acted as legal counsel to the European Investment Bank (EIB) that acts as co-financier of the A9 Gaasperdammerweg public-private-partnership (PPP) infrastructure project in the Netherlands. On 13 November, the EIB and the other financiers reached financial close for this PPP project. The financing of the project comprises debt and equity. The short term debt of EUR 140 million and half of the long term debt of around EUR 410 million has been made available to the project by BNG Bank, DZ BANK, ING, KBC, SMBC and Societe Generale. The European Investment Bank will provide the other half of the long term debt. The equity investment will be made by the four shareholders of IXAS Zuid-Oost, with an equal share. IXAS Zuid-Oost B.V. is a special purpose company including Ballast Nedam, Fluor, Heijmans Capital and 3i Infrastructure plc. The Clifford Chance team that acted as legal counsel to EIB consisted of Nanette Rutgers, Jaap Koster and Ellen Romkens.

Deal Date:	17-11-2014	Practice Area:	Project Finance and Infrastructure
Deal Title:	European Investment Bank - A9 Gaasperdammerweg PPP	Industry:	Public Sector
Description:	Clifford Chance acted as legal counsel to the European Investment Bank (EIB) that acts as co-financier of the A9 Gaasperdammerweg public-private-partnership (PPP) infrastructure project in the Netherlands. On 13 November, the EIB and the other financiers reached financial close for this PPP project. The financing of the project comprises debt and equity. The short term debt of EUR 140 million and half of the long term debt of around EUR 410 million has been made available to the project by BNG Bank, DZ BANK, ING, KBC, SMBC and Societe Generale. The European Investment Bank will provide the other half of the long term debt. The equity investment will be made by the four shareholders of IXAS Zuid-Oost, with an equal share. IXAS Zuid-Oost B.V. is a special purpose company including Ballast Nedam, Fluor, Heijmans Capital and 3i Infrastructure plc. The Clifford Chance team that acted as legal counsel to EIB consisted of Nanette Rutgers, Jaap Koster and Ellen Romkens.
Financial Center:	Amsterdam	Value:	100.01-500.00
Advised Party:	Debt Provider	Law Firm	Clifford Chance
	Netherlands		Netherlands
Classification:	PPP/PFI Roads	Lawyer	Jaap Koster

Practice Areas -

Project Finance and Infrastructure Law Firms and Lawyers

Practice Areas - Project Finance and Infrastructure Law Firms and Lawyers