Nicholas Shaw~~Thomas Flament~~James Watson~~Euan Gillies~~Shahpur Kabraji~~Matthew Hope~~Margareta Newman~~James Howe~~Christopher Vallance~~James Evelegh
January 24, 2026
Takko Fashion Successfully Completes Restructuring

1 min
AI-made summary
- Simpson Thacher advised Takko Fashion GmbH on a cross-border restructuring that included a transfer of ownership to certain bondholders and a comprehensive recapitalisation
- The transaction reduced Takko Fashion’s leverage by over €250 million and extended debt maturities to 2026
- Takko Fashion operates nearly 2,000 stores in 17 European countries
- The legal team from Simpson Thacher covered capital markets, restructuring, credit, and UK corporate matters.
Simpson Thacher advised Takko Fashion Gmbh (“Takko Fashion”) in connection with the Group’s successful cross-border restructuring involving, among other things, a transfer of ownership to certain of Takko Fashion’s bondholders and a comprehensive recapitalisation.~~With the completion of the transaction Takko Fashion has strengthened its financial profile by reducing leverage by more than €250m and extending debt maturities to 2026. Takko Fashion is now better positioned to further execute on its strategic priorities and expand its presence across Europe.~~Takko Fashion is a leading European fashion discount retailer with almost 2,000 stores in 17 European countries.~~The Simpson Thacher team included Nicholas Shaw, Uma Sud, Patrick Kratzenstein and Thomas Flament (Capital Markets); James Watson, Thomas Wilson, Ilaria Olivero and Euan Gillies (Restructuring); Shahpur Kabraji, Matthew Hope, Margareta Chlubnova and Kwasi Mills-Bampoe (Credit) and James Howe, Christopher Vallance and James Evelegh (UK Corporate).
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Nicholas Shaw~~Thomas Flament~~James Watson~~Euan Gillies~~Shahpur Kabraji~~Matthew Hope~~Margareta Newman~~James Howe~~Christopher Vallance~~James Evelegh
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