Birkenstock’s Debt Offering Draws Negative Outlook from S&P
BIRK subsidiary Birkenstock Group B.V. & Co. KG is selling €900,000,000 in aggregate principal amount of new senior notes due 2033, aiming to retire €428.5 million of outstanding 5.25% senior notes due in 2029. The existing debt was part of L Catterton’s 2021 acquisition of Birkenstock, which went public two years ... Log in to view full article.