v3.26.1
Loans and Borrowings
6 Months Ended
Mar. 31, 2026
Disclosure of detailed information about borrowings [abstract]  
Loans and Borrowings

12. LOANS AND BORROWINGS

The Company has the following principal and interest payable amounts outstanding for loans and borrowings:

 

(EUR in thousands)

 

Year of maturity

 

March 31, 2026

 

 

September 30, 2025

 

Non-current liabilities

 

 

 

 

 

 

 

 

EUR Term Loan

 

2029

 

 

375,000

 

 

 

375,000

 

USD Term Loan

 

2029

 

 

98,225

 

 

 

98,641

 

Vendor Loan

 

2029

 

 

217,408

 

 

 

217,408

 

Vendor Loan - interest payable

 

N/A

 

 

8,720

 

 

 

3,983

 

Senior Notes

 

2029

 

 

428,500

 

 

 

428,500

 

 

 

 

 

1,127,853

 

 

 

1,123,532

 

Senior Note initial embedded derivative

 

 

 

 

28,637

 

 

 

28,638

 

Less: amortization under the effective interest method

 

 

 

 

(24,732

)

 

 

(24,160

)

 

 

 

 

1,131,758

 

 

 

1,128,010

 

 

 

 

 

 

 

 

 

 

Current liabilities

 

 

 

 

 

 

 

 

EUR Term Loan - interest payable

 

N/A

 

 

2,048

 

 

 

2,242

 

USD Term Loan - current portion

 

2026

 

 

5,069

 

 

 

5,090

 

USD Term Loan - interest payable

 

N/A

 

 

420

 

 

 

428

 

Senior Notes - interest payable

 

N/A

 

 

9,373

 

 

 

9,373

 

 

 

 

 

 

16,910

 

 

 

17,133

 

 

On March 9, 2026, an additional €5.0 million of the Company’s existing €225.0 million revolving credit facility ("RCF") was separated into a new ancillary facility. With the already existing €10.0 million ancillary facility, the Company now has a total of €15.0 million for global guarantees, which will allow the Company to support new global store openings. As a result, €210.0 million of the RCF is available and remains undrawn as of March 31, 2026.