Milbank LLP represented the financing sources in connection with the acquisition by a buyer consortium led by HSG, through the investment vehicle GG12 S.p.A., of a majority stake in Golden Goose. Milbank advised the initial purchasers in connection with the offering by GG12 S.p.A. of €530 million senior secured notes due 2033 and €350 million senior secured floating rate notes due 2033, and the lenders in connection with a €175 million revolving credit facility.
Golden Goose is a next-generation global luxury brand specializing in the design, sourcing, crafting and distribution of sneakers, ready-to-wear and luxury accessories, selling in over 80 countries and operating at the intersection of luxury, lifestyle and sportswear.
The Milbank team was led by European Leveraged Finance/Capital Markets partners Rebecca Marques, Apostolos Gkoutzinis, Suhrud Mehta and Tristram Gargent, with special counsel Andrew Lowndes and Luwam Mezue, associates Giulia Petragnani Gelosi, Dimitris Krokos, Obinna Mezu, Luca Mirabile, law clerk Federico Costantino and trainee solicitors Alexandra Saward and Annabel McLaren. New York-based Tax partner Andrew Walker and associates Michelle Song and Blake Rocks, New York-based Leveraged Finance partner Spencer Pepper and associates Robert Kirschenbaum and Andrew Mavers, and London-based Tax partner Alan Rafferty, special counsel Shaul Steinberg and associate Jade Du Berry also assisted the team.