| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers C > Headlines for Coty, Inc. > News item |
Coty starts roadshow for €500 million secured notes due April 2026
By Paul A. Harris
Portland, Ore., June 7 – Coty Inc. began a roadshow on Monday for a €500 million offering of senior secured notes due April 2026 (expected ratings B3/B), according to market sources.
Left lead bookrunner and joint global coordinator BNP Paribas will bill and deliver. Deutsche Bank, Credit Agricole, ING and UniCredit are joint global coordinators and joint bookrunners. JPMorgan, BofA, SMBC, RBC, Citigroup and MUFG are joint bookrunners.
The short five-year notes become callable after two years at par plus 50% of the coupon.
The roadshow wraps up on Wednesday.
The New York-based beauty products supplier plans to use the proceeds to pay down its term loan A.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.