secwatch.observer — SEC 8-K summary
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Issuer:     COTY INC. (COTY)
CIK:        0001024305
Form:       8-K
Filed at:   2024-05-21T23:59:59+00:00
Accession:  0001193125-24-143944
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coty launches €500M senior secured notes offering to redeem 6.500% 2026 notes
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- Offering of €500M aggregate principal amount senior secured notes; terms set at pricing.
- Proceeds to redeem all existing 6.500% Senior Notes due 2026 and repay revolver borrowings.
- Notes guaranteed on senior secured basis by Coty subsidiaries; secured by first priority liens.
- Collateral releases automatically upon achieving investment grade from two of three ratings agencies.
- Offering exempt from registration; sold to QIBs and non-U.S. persons under Rule 144A/Reg S.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1024305/000119312524143944/0001193125-24-143944-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1024305/000119312524143944/d768672d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-143944

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