Nicholas Shaw~~Victoria Hartman~~Meredith Jones
January 24, 2026
Takko Completes Senior Secured Notes Offering

1 min
AI-made summary
- Simpson Thacher advised Takko Luxembourg 2 S.C.A
- on its issuance of €285 million in 5.375% Senior Secured Notes due 2023 and €225 million in Senior Secured Floating Rate Notes due 2023
- The funds raised were used to refinance existing debt
- Takko, owned by Apax-associated funds, operates over 1,850 discount apparel stores in 16 European countries
- The legal team covered capital markets, credit, and tax matters.
Simpson Thacher represented Takko Luxembourg 2 S.C.A. in connection with its offering of €285 million aggregate principal amount of 5.375% Senior Secured Notes due 2023 and €225 million aggregate principal amount of Senior Secured Floating Rate Notes due 2023. The proceeds of the offering were used to refinance outstanding indebtedness.~~Takko, a portfolio company owned by funds associated with Apax, is a leading European apparel retail group focused on the discount segment with more than 1,850 stores across 16 European countries.~~The Simpson Thacher team included Nick Shaw, Sven Frode Frølund, Anna Pollak, Jakob Egle and Victoria Hartman (Capital Markets); Lucy Jenkins and Katie Geraghty (Credit); and Meredith Jones and Joseph Tootle (Tax).~~
Article Author
Nicholas Shaw~~Victoria Hartman~~Meredith Jones
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