Coty launches €500M senior secured notes offering to reduce revolver borrowings

COTY INC.

Offering of €500 million aggregate principal amount of senior secured notes announced on September 11, 2023.
Proceeds will be used to repay a portion of outstanding borrowings under Coty's revolving credit facility.
Notes secured by first-priority liens; collateral will be released upon achieving investment-grade ratings from two of three agencies.

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