secwatch.observer — SEC 8-K summary
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Issuer:     COTY INC. (COTY)
CIK:        0001024305
Form:       8-K
Filed at:   2023-07-19T23:59:59+00:00
Accession:  0001193125-23-189224
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coty prelim Q4 (Jun 30) revenue ~$1.2-1.4B; launches $600M senior secured notes offering
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- Continuing ops revenue ~$1,200M–$1,400M; adj. EBITDA ~$150M–$170M.
- Adj. operating income ~$90M–$110M; capex ~$65M–$85M.
- Net proceeds to repay US dollar term B loan due April 2025; remainder targeted prepaid by CY end 2023.
- Notes senior secured, guaranteed by Coty subs; collateral released upon investment grade from 2 of 3 agencies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1024305/000119312523189224/0001193125-23-189224-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1024305/000119312523189224/d526679d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-189224

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