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); Ian Barratt, Lucy Jenkins and Katie Geraghty (Credit); and Meredith Jones and Joseph Tootle (Tax).