secwatch.observer — SEC 8-K summary
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Issuer:     COTY INC. (COTY)
CIK:        0001024305
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001193125-23-272554
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1024305/000119312523272554/0001193125-23-272554-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1024305/000119312523272554/d568667d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-272554

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