---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-059812"
form_type: "8-K"
ticker: "EL"
cik: "0001001250"
company_name: "ESTEE LAUDER COMPANIES INC"
filed_at: "2023-05-12T23:59:59+00:00"
generated_at: "2026-06-15T02:01:52.903925+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Estée Lauder prices $2.0B senior notes offering in three tranches

## Summary
- $700M 4.375% notes due 2028, $700M 4.650% notes due 2033, $600M 5.150% notes due 2053.
- Net proceeds for general corporate purposes: working capital, capex, and commercial paper repayment.
- Closing expected May 12, 2023; notes are senior unsecured obligations ranking equally with other senior debt.
- Make-whole redemption provisions apply prior to specific dates (e.g., one month before maturity for 2028 notes).

## SEC filing metadata
- accession: 0001104659-23-059812
- form_type: 8-K
- ticker: EL
- cik: 0001001250
- company_name: ESTEE LAUDER COMPANIES INC
- filed_at: 2023-05-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001250/000110465923059812/0001104659-23-059812-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001250/000110465923059812/tm2315598d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-059812
- JSON: https://secwatch.observer/filing/0001104659-23-059812.json
- Plain text: https://secwatch.observer/filing/0001104659-23-059812.txt

## Key facts
- Material Agreements
  ESTEE LAUDER COMPANIES INC entered into Indenture with U.S. Bank Trust National Association valued at $700,000,000 aggregate principal amount of its 4.375% Senior Notes due 2028, $700,000,000 aggregate (effective 2023-05-12).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust National Association
  - Value: $700,000,000 aggregate principal amount of its 4.375% Senior Notes due 2028, $700,000,000 aggregate
  - Effective: 2023-05-12
  source text: On May 12, 2023, The Estée Lauder Companies Inc. (the “Company”) completed a public offering of $700,000,000 aggregate principal amount of its 4.375% Senior Notes due 2028 (the “2028 Notes”), $700,000,000 aggregate principal amount of its 4.650% Senior Notes due 2033 (the “2033 Notes”) and $600,000,000 aggregate principal amount of its 5.150% Senior Notes due 2053 (the “2053 Notes” and, together with the 2028 Notes and the 2033 Notes, the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001250/000110465923059812/0001104659-23-059812-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.