---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-054205"
form_type: "8-K"
ticker: "TPR"
cik: "0001116132"
company_name: "TAPESTRY, INC."
filed_at: "2023-11-21T23:59:59+00:00"
generated_at: "2026-06-07T22:29:16.983073+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tapestry prices $4.5B USD + €1.5B EUR notes to fund Capri acquisition

## Summary
- USD notes: $4.5B across five tranches (7.050% due 2025 through 7.850% due 2033).
- EUR notes: €1.5B across three tranches (5.350% due 2025, 5.375% due 2027, 5.875% due 2031).
- Closing expected November 27, 2023; proceeds to pay portion of Capri Acquisition consideration.
- USD and EUR offerings are not contingent on each other.
- Joint book-runners include BofA, Morgan Stanley, J.P. Morgan.

## SEC filing metadata
- accession: 0001140361-23-054205
- form_type: 8-K
- ticker: TPR
- cik: 0001116132
- company_name: TAPESTRY, INC.
- filed_at: 2023-11-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1116132/000114036123054205/0001140361-23-054205-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1116132/000114036123054205/ny20014590x7_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-054205
- JSON: https://secwatch.observer/filing/0001140361-23-054205.json
- Plain text: https://secwatch.observer/filing/0001140361-23-054205.txt

## Key facts
- Material Agreements
  TAPESTRY, INC. entered into USD Underwriting Agreement with BofA Securities, Inc., Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC valued at $500,000,000 aggregate principal amount of 7.050% senior unsecured notes due 2025, $750,000,000 aggr (effective 2023-11-15).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: BofA Securities, Inc., Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC
  - Value: $500,000,000 aggregate principal amount of 7.050% senior unsecured notes due 2025, $750,000,000 aggr
  - Effective: 2023-11-15
  source text: Underwriting Agreement—USD Notes Offering On November 15, 2023, Tapestry, Inc. (the “ Company ”) entered into an underwriting agreement (the “ USD Underwriting Agreement ”) with BofA Securities, Inc., Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC, as representatives of the several underwriters named therein (collectively, the “ USD Underwriters ”), providing for its underwritten public offering of $500,000,000 aggregate principal amount of 7.050% senior unsecured notes due 2025 (the “ 2025 USD Notes ”), $750,000,000 aggregate principal amount of 7.000% senior unsecured notes due 2026 (the “ 2026 USD Notes ”), $1,000,000,000 aggregate principal amount of 7.350% senior unsecured notes due 2028 (the “ 2028 USD Notes ”), $1,000,000,000 aggregate principal amount of 7.700% senior unsecured notes due 2030 (the “ 2030 USD Notes ”) and $1,250,000,000 aggregate principal amount of 7.850% senior unsecured notes due 2033 (the “ 2033 USD Notes ” together with the 2025 USD Notes, the 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1116132/000114036123054205/0001140361-23-054205-index.htm
- Material Agreements
  TAPESTRY, INC. entered into EUR Underwriting Agreement with Merrill Lynch International, Morgan Stanley & Co. International plc and J.P. Morgan Securities plc valued at €500,000,000 aggregate principal amount of 5.350% senior unsecured notes due 2025, €500,000,000 aggr (effective 2023-11-16).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Merrill Lynch International, Morgan Stanley & Co. International plc and J.P. Morgan Securities plc
  - Value: €500,000,000 aggregate principal amount of 5.350% senior unsecured notes due 2025, €500,000,000 aggr
  - Effective: 2023-11-16
  source text: Underwriting Agreement—EUR Notes Offering On November 16, 2023, the Company entered into an underwriting agreement (the “ EUR Underwriting Agreement ” and together with the USD Underwriting Agreement, the “ Underwriting Agreements ”) with Merrill Lynch International, Morgan Stanley & Co. International plc and J.P. Morgan Securities plc, as representatives of the several underwriters named therein (collectively, the “ EUR Underwriters ” and together with the USD Underwriters, the “ Underwriters ”), providing for its underwritten public offering of €500,000,000 aggregate principal amount of 5.350% senior unsecured notes due 2025 (the “ 2025 EUR Notes ”), €500,000,000 aggregate principal amount of 5.375% senior unsecured notes due 2027 (the “ 2027 EUR Notes ”) and €500,000,000 aggregate principal amount of 5.875% senior unsecured notes due 2031 (the “ 2031 EUR Notes ” together with the 2025 EUR Notes and the 2027 EUR Notes, the “ EUR Notes ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1116132/000114036123054205/0001140361-23-054205-index.htm

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