---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-023831"
form_type: "8-K"
ticker: "EL"
cik: "0001001250"
company_name: "ESTEE LAUDER COMPANIES INC"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T01:54:39.548823+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Estée Lauder issues $650M 5.000% Senior Notes due 2034; proceeds for DECIEM buyout

## Summary
- $650M aggregate principal of 5.000% Senior Notes due Feb 14, 2034; interest payable semi-annually from Aug 14, 2024.
- Notes priced at 99.239% of principal to underwriters, 99.689% to public; net proceeds for general corporate purposes.
- Proceeds will partially fund the purchase of remaining interest in DECIEM, plus working capital and debt repayment.
- Closing expected Feb 14, 2024; BofA, Goldman Sachs, MUFG, BNP Paribas, Citi, J.P. Morgan as joint book-runners.
- Notes are senior unsecured, rank equally with other senior debt; subject to custom covenants and change-of-control repurchase at 101%.

## SEC filing metadata
- accession: 0001104659-24-023831
- form_type: 8-K
- ticker: EL
- cik: 0001001250
- company_name: ESTEE LAUDER COMPANIES INC
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001250/000110465924023831/0001104659-24-023831-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001250/000110465924023831/tm245248d5_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-023831
- JSON: https://secwatch.observer/filing/0001104659-24-023831.json
- Plain text: https://secwatch.observer/filing/0001104659-24-023831.txt

## Key facts
- Material Agreements
  ESTEE LAUDER COMPANIES INC entered into Indenture with U.S. Bank Trust National Association valued at $650,000,000 aggregate principal amount (effective 2024-02-14).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust National Association
  - Value: $650,000,000 aggregate principal amount
  - Effective: 2024-02-14
  source text: On February 14, 2024, The Estée Lauder Companies Inc. (the “Company”) completed a public offering of $650,000,000 aggregate principal amount of its 5.000% Senior Notes due 2034 (the “Notes”). The Notes are governed by the Indenture, dated as of November 5, 1999 (the “Indenture”), between the Company and U.S. Bank Trust National Association
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001250/000110465924023831/0001104659-24-023831-index.htm

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