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Latham & Watkins Advises on Savers Value Village, Inc.’s US$550 Million Senior Secured Notes Offering
February 7, 2023
Firm represents the initial purchasers in the offering by the largest for-profit thrift operator in the United States and Canada for value priced pre-owned clothing, accessories, and household goods.
Savers Value Village, Inc., the largest for-profit thrift operator in the United States and Canada for value priced pre-owned clothing, accessories, and household goods, announced on January 26, 2023 that its subsidiaries, Evergreen AcqCo 1 LP and TVI, Inc., priced its offering of US$550.0 million in aggregate principal amount of 9.75% senior secured notes due 2028 in a private offering. The offering closed on February 6, 2023.
Latham & Watkins LLP represented the initial purchasers in the offering with a capital markets team led by partners Greg Rodgers and Brittany Ruiz, with associates Simon Cooke and Adam Weber. Advice was also provided on banking matters by partner Jesse Sheff and counsel Brian Rock, with associates Sarah Lohschelder, Andrea Olaya Gomez, and Fizza Hasan; and on tax matters by partner Jiyeon Lee-Lim, with associate Ted Gkoo.
Latham & Watkins LLP represented the initial purchasers in the offering with a capital markets team led by partners Greg Rodgers and Brittany Ruiz, with associates Simon Cooke and Adam Weber. Advice was also provided on banking matters by partner Jesse Sheff and counsel Brian Rock, with associates Sarah Lohschelder, Andrea Olaya Gomez, and Fizza Hasan; and on tax matters by partner Jiyeon Lee-Lim, with associate Ted Gkoo.