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Published on 4/12/2022 in the Prospect News Emerging Markets Daily, Prospect News Green Finance Daily and Prospect News High Yield Daily.

Fitch rates Natura &Co notes BB

Fitch Ratings said it gave a BB rating to Natura &Co Luxembourg Holding Sarl's proposed five- to seven-year senior unsecured notes of up to $600 million.

Natura &Co Holding SA and Natura Cosmeticos SA will guarantee the notes. Fitch rates both Natura and Natura Cosmeticos BB with a positive outlook.

The proceeds will be used for general corporate purposes, including refinancing Avon's 2023 bonds.


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