secwatch.observer — SEC 8-K summary
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Issuer:     COTY INC. (COTY)
CIK:        0001024305
Form:       8-K
Filed at:   2025-10-15T23:59:59+00:00
Accession:  0001193125-25-240308
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coty Inc. completes $900M offering of 5.600% senior notes due 2031
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- Closed private offering of $900M aggregate principal of 5.600% senior notes due 2031.
- Notes mature Jan 15, 2031; interest payable semi-annually at 5.600% starting Jan 15, 2026.
- Notes are senior unsecured but may become secured if investment grade ratings from at least two of three agencies lost.
- Change of control repurchase at 101% of principal; redemption at make-whole prior to Dec 15, 2030.
- Covenants suspended while investment grade maintained; otherwise restrictive covenants apply.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1024305/000119312525240308/0001193125-25-240308-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1024305/000119312525240308/d903518d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-240308

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