Capital Markets

Jan Willem Hoevers
Gaby Smeenk
Jaap Barneveld
+ 10 other experts

Flexible, innovative capacity to spearhead niche transactions

We partner with our clients on their complex matters, marrying our expertise with transaction management skills, out-of-the-box thinking, and an adept gambit of innovative solutions. Our high deal flow ensures that our Capital Markets team is always aware of both regulators' perspectives and of current market practice.

Our two dedicated teams:

  • Equity Capital Markets - the largest pure-play equity capital markets team in the Netherlands, and
  • Debt Capital Markets - located in both London and Amsterdam.

maintain a worldwide network of leading law firms, and regularly work with them in fixed teams, and offer our clients first-class, cross-border services.

Recent Matters

14 September 2021

CM.com EUR 100 million convertible bond offering

De Brauw advised CM.com, a global leader in cloud software for conversational commerce, on a EUR 100 million convertible bond offering. The convertible bonds due 2026 carry a coupon of 2.00%. The deal was facilitated by a concurrent placement of existing shares on behalf of certain subscribers for the bonds to hedge market risk ('delta placement') and a sale of 250,000 existing shares by the founders to develop real estate in the surroundings of the current CM.com offices in Breda for possible future expansion of CM.com’s headquarters.
18 August 2021

NN Group NV sells NN Investment Partners to Goldman Sachs for EUR 1.7 billion

De Brauw advised NN Group on the sale of its asset manager NN Investment Partners (NN IP) to Goldman Sachs Group, Inc. for total cash proceeds of EUR 1.7 billion. As part of the agreement, NN Group and Goldman Sachs Asset Management will enter into a ten-year strategic partnership under which the combined company will continue to provide asset management services to NN Group. The combination with Goldman Sachs gives NN IP a broader platform to accelerate its growth and further improve the offering and service to its clients. It will also allow NN Group to continue its successful cooperation with NN IP and to benefit from the strengths and complementary product propositions of Goldman Sachs.
19 July 2021

US listing of Italian luxury group Ermenegildo Zegna with USD 3.2 bn SPAC deal

De Brauw is advising Ermenegildo Zegna, a leading global luxury group in menswear, with presence in 80 countries through 296 directly operated stores, on its business combination with Investindustrial Acquistion Corp. (NYSE; IIAC), a special purpose acquisition company sponsored by investment subsidiaries of Investindustrial VII L.P. ("IIAC"). Following the combination, the combined company will be listed on the New York Stock Exchange with an anticipated initial enterprise value of USD 3.2 billion. The transaction is expected to close by the fourth quarter of 2021, subject to customary approvals and conditions and to IIAC's shareholders' vote.De Brauw acted as Dutch counsel alongside Sullivan & Cromwell.
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Equity Capital Markets

Involved in almost all major Dutch IPOs, we advise corporates and financial institutions with unrivalled advice in

• IPOs;
• listed and unlisted share issues;
• share buy-back programmes; and
• convertible bonds and derivatives.

Clients rate the team's commercially oriented manner: the lawyers know us really well, which makes the contact informal, quick and practical.

Chambers Europe, 2021
Chambers Europe, 2021
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Debt Capital Markets

Leading experts in:

• listed and unlisted bond issues;
• restructurings;
• EMTN programmes; and
• regulatory capital instruments products and Tier 1 transactions.

Team

Jaap barneveld

Jaap Barneveld

Senior Associate

Feline goyarts

Féline Goyarts

Senior Associate