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.”