secwatch / observer
8-K filed October 2, 2023, 7:59 PM ET ticker COTY CIK 0001024305
other material confidence high sentiment neutral materiality 0.70

Coty completes $341M stock offering to repay debt; Euronext Paris listing begins

COTY INC.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

COTY INC. entered into Underwriting Agreement with Banco Santander, BNP PARIBAS, Citigroup Global Markets Europe AG, Citigroup Global Markets Inc., Crédit Agricole Corporate and Investment Bank valued at The Company expects the net proceeds of the Offering to be approximately $341 (€324) million based o (effective 2023-09-28).

Action
entry
Agreement
underwriting
Counterparty
Banco Santander, BNP PARIBAS, Citigroup Global Markets Europe AG, Citigroup Global Markets Inc., Crédit Agricole Corporate and Investment Bank
Value
The Company expects the net proceeds of the Offering to be approximately $341 (€324) million based o
Effective
2023-09-28
Exact text from the filing
On September 28, 2023, Coty Inc. (the “Company”), a Delaware corporation, entered into an underwriting agreement (the “Underwriting Agreement”) with Banco Santander, BNP PARIBAS, Citigroup Global Markets Europe AG, Citigroup Global Markets Inc. and Crédit Agricole Corporate and Investment Bank, as representatives of the several underwriters named in Schedule II thereto (collectively, the “Underwriters”), to issue and sell 33,000,000 shares of the Company’s Class A common stock, par value $0.01 per share (“Common Stock”), at a public offering price of $10.80 (or €10.28) per share based on an exchange rate of $1.0509 per Euro (the “Pricing USD-EUR Exchange Rate”) in a global offering (the “Offering”).
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COTY INC. filing history →

Source: SEC EDGAR
accession 0001193125-23-249085
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