---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-231896"
form_type: "8-K"
ticker: "COTY"
cik: "0001024305"
company_name: "COTY INC."
filed_at: "2023-09-11T23:59:59+00:00"
generated_at: "2026-06-10T21:35:13.923243+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-23-231896
- form_type: 8-K
- ticker: COTY
- cik: 0001024305
- company_name: COTY INC.
- filed_at: 2023-09-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1024305/000119312523231896/0001193125-23-231896-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1024305/000119312523231896/d499440d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-231896
- JSON: https://secwatch.observer/filing/0001193125-23-231896.json
- Plain text: https://secwatch.observer/filing/0001193125-23-231896.txt

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