Dechert Advised SCOR Investment Partners on Mezzanine Debt in Connection with the Acquisition and the Renovation of Belval Plaza in Luxembourg
March 12, 2020
Dechert advised SCOR Investment Partners on mezzanine debt in connection with the acquisition and the renovation of Belval Plaza in Luxembourg.
The acquisition by Firce Capital, the European asset management and real estate investment company, was financed by Banque Internationale à Luxembourg, China Construction Bank Europe SA and Bank of China Limited, as senior lenders in addition to SCOR Investment Partners SE, as mezzanine debt lender.
The shopping center, until now owned by the American equity fund Lone Star, is one of the largest shopping centers in Luxembourg, with traffic of more than 6.5 million visitors per year.
The Dechert team advising SCOR Investment Partners SE included:
- in Paris: Privat Vigand, partner, Guénaëlle Taroni et Pauline Keller, associates; and
- in Luxembourg: Jean-Louis Frognet and Laura Rossi, partners.
About Dechert
Dechert is a leading global law firm with 26 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.
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