secwatch.observer — SEC 8-K summary
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Issuer:     COTY INC. (COTY)
CIK:        0001024305
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0001193125-23-194666
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coty issues $750M 6.625% senior secured notes due 2030
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- Issued $750M aggregate principal of 6.625% senior secured notes maturing July 15, 2030.
- Interest payable semi-annually on Jan 15 and Jul 15, starting Jan 15, 2024.
- Notes redeemable at option of Issuers; change of control repurchase at 101% of principal.
- Covenants limit additional debt, dividends, investments, and asset sales; suspend at investment grade.
- Issuers: Coty Inc., HFC Prestige Products, Inc., HFC Prestige International U.S. LLC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1024305/000119312523194666/0001193125-23-194666-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1024305/000119312523194666/d538425d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-194666

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