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Coty Inc. Prices $550 Million of USD Senior Unsecured Notes and €800 Million of EUR Senior Unsecured Notes |
The offering is expected to close on Each series of notes will be guaranteed on a senior unsecured basis by each of Coty’s subsidiaries that will also be a guarantor under its proposed new senior secured credit facilities (as described below) and certain other material indebtedness. Each series of notes will be effectively junior to all of Coty’s existing and future secured indebtedness, including its proposed new senior secured credit facilities, to the extent of the value of the collateral securing such indebtedness.
The Notes and the related guarantees will not be registered under the
Securities Act of 1933, as amended (the “Securities Act”), or any state
securities law and may not be offered or sold in This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities, nor shall there be any sales of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Cautionary Note Regarding Forward-looking Statements: The
statements contained in or incorporated by reference into this press
release include certain “forward-looking statements” within the meaning
of the securities laws. These forward-looking statements reflect Coty’s
current views with respect to, among other things, Coty’s offering of
the Notes, Coty’s entrance into the credit agreement governing its
proposed new senior secured credit facilities and the use of proceeds
therefrom. These forward-looking statements are generally identified by
words or phrases, such as “anticipate,” “are going to,” “estimate,”
“plan,” “project,” “expect,” “believe,” “intend,” “foresee,” “forecast,”
“will,” “may,” “should,” “outlook,” “continue,” “target,” “aim,”
“potential” and similar words or phrases. These statements are based on
certain assumptions and estimates that
View source version on businesswire.com: https://www.businesswire.com/news/home/20180328006124/en/ Source:
Investor Relations
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