secwatch.observer — SEC 8-K summary
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Issuer:     COTY INC. (COTY)
CIK:        0001024305
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001024305-24-000072
Event type: debt
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coty launches $250M tender for 5% Senior Secured Notes due 2026; redeems €180.3M of 4.75% Notes
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- Tender offer for up to $250M of 5.000% Senior Secured Notes due 2026; $650M outstanding; early tender premium $30 per $1,000.
- Full redemption of €180.3M of 4.750% Senior Notes due 2026 on Dec 6, 2024, at par plus accrued interest.
- Early tender deadline Nov 20, 2024; expiration Dec 6, 2024; settlement expected Dec 10, 2024.
- Deleveraging strategy: reducing total outstanding public debt using available cash and liquidity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1024305/000102430524000072/0001024305-24-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1024305/000102430524000072/coty-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001024305-24-000072

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer