NKD news and archive

German affordable fashion chain NKD reportedly looking for a buyer

NKD, a German discount fashion retailer, would have been put up for sale by its private equity owner OpCapita. As pointed out by sources close to the company, NKD’s private equity owner, OpCapita, would be looking to benefit from high equity valuations. The investor has reportedly asked Goldman Sachs (GS.N) to find a buyer for the company, which...

Business

NKD secures 25 million euros debt facility

Grovepoint Capital and Hayfin Capital Management have provided a 25 million euros debt facility to German-based retailer NKD. Grovepoint and Hayfin jointly led and structured the debt financing, and Grovepoint acts as facility agent and security trustee for the lenders. As explained by the retailer, the new financing will accelerate the growth...