Coty Inc. ( NYSE: COTY ) on Wednesday announced the pricing of €500 million aggregate principal amount of 4.500% senior secured notes due 2027.
Coty would receive gross proceeds of €500 million in connection with the offering of the notes. The company said it intends to use the net proceeds from the offering of the notes to redeem all of its existing 6.500% senior notes due 2026 and repay a portion of the borrowings outstanding under its revolving credit facility, among others.
The offering of the notes is expected to close on May 30, 2024, subject to customary closing conditions. Source: Press Release More on Coty Coty (COTY) Q3 2024 Earnings Call Transcript (Q&A) Coty Inc. 2024 Q3 - Results - Earnings Call Presentation Coty Inc.
(COTY) Q3 2024 Earnings Call Transcript Coty inks deal with German fashion model Lena Gercke Coty mixed FQ3 results offset by upbeat guidance.
