Kirkland Represents 3G Capital on the $8 Billion Financing for the Skechers Acquisition

Kirkland & Ellis advised 3G Capital in connection with the financing for its acquisition of Skechers (NYSE: SKX), a Fortune 500 company and the third largest footwear company in the world. The financing transaction included approximately $8 billion of new debt facilities, including a new $1.55 billion USD first lien term loan facility, €1.25 billion Euro first lien term loan facility, $1.6 billion USD first lien revolving credit facility, €1.0 billion Euro senior secured notes and $2.2 billion USD senior PIK toggle unsecured notes. The acquisition closed on September 12, 2025. The senior notes transactions closed on July 14, 2025 and were funded in escrow, which funds were released upon closing of the acquisition. 

Read the transaction press release

The Kirkland team included debt finance lawyers Jay Ptashek, Scott Rolnik, Matt Stummer, Yinan Guo, Alex Bender and Charlie Doyle; capital market lawyers Michael Kim, Alborz Tolou, Josh Korff, Soo Kyung Chae, Varun Baliga, Mary Aertker, Richard Hong, Grace Slicklen, Cedric Van den Borren, Rohan Sahai and Hayley Stoate; tax lawyers Jared Rusman, Tim Campany and Claire Oxford; investment funds lawyers Andrew Wright, Nadia Murad and Alec Manfre; derivatives lawyer Drue Santora; litigation lawyers Ellisen Turner and Lauren Schweitzer; and technology & IP transactions lawyers Seth Traxler, Joanna Schlingbaum and Molly Mahowald.