Coty launches tender offers for up to $400M in 2026 notes as part of deleveraging

COTY INC.

Offers to buy up to $150M of 6.500% Senior Notes due 2026 and up to $250M of 5.000% Senior Secured Notes due 2026.
Early tender premium of $30 per $1,000 principal for notes tendered by Nov 21, 2023; offers expire Dec 7, 2023.
Company intends to fund purchases with available cash; total outstanding on unsecured notes $473M, secured notes $900M.
Dealer managers are BofA Securities and J.P. Morgan; tender/information agent is D.F. King & Co.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.