Takko Luxembourg 2 S.C.A.’s High‑Yield Senior Secured Debt Offering

Cravath represented the initial purchasers, led by Deutsche Bank, Goldman Sachs International and UniCredit Bank, in connection with the €525 million Rule 144A/Reg. S high‑yield senior secured debt offering of Takko Luxembourg 2 S.C.A., a leading European apparel retail group. Takko is a portfolio company of private equity group Apax Partners. The notes were listed on the Luxembourg Stock Exchange. The transaction closed on April 5, 2013.

The Cravath team included partner Philip J. Boeckman and European Counsel Matthias G. Baudisch.