Coty prices and accepts $400M in early tender of 2026 notes; prorated at 62% and 48%

COTY INC.

Aggregate purchase price ~$395M for $150M 6.5% unsecured and $250M 5% secured notes due 2026.
Unsecured notes tendered $241M vs $150M cap → proration 62%; secured notes tendered $524M vs $250M cap → 48%.
Total Consideration per $1,000: $1,007.88 (unsecured), $975.22 (secured), includes $30 early tender premium.
Early settlement on Nov 30, 2023; funded from cash on hand; notes retired and cancelled.
Tender offers part of Coty’s deleveraging agenda; no further purchases expected after early tender date.

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