Silver Point Mulls Debt Options on Apax-Owned Retailer Takko

Silver Point Capital is considering debt restructuring options for its stake in German fashion retailer Takko Holding GmbH.

A debt-to-equity exchange is among the possibilities being considered if the company faces difficulty refinancing its debt, according to people familiar with the matter.

Silver Point is leading a group of hedge funds, which now own a majority of Takko’s 510 million euros ($530 million) bonds, said the people, asking not to be named because they aren’t authorized to talk about the matter.

Takko has been in a precarious financial position for years and struggled to cope with rising inflation and ...