Business Wire·Oct 2, 2025, 9:17 AM ET

Coty Inc. Proposes to Offer Senior Notes

Coty Inc. & its subsidiaries HFC Prestige Products, Inc. & HFC Prestige International U.S. LLC launched a private offering of senior notes subject to market & customary conditions.
Principal amount, interest rate, & other key terms of the notes will be determined at the time of pricing.
The notes will be senior unsecured obligations without subsidiary guarantees as long as they maintain investment grade ratings from at least two of three ratings agencies.
If the notes lose investment grade ratings from at least two of three agencies, they will be fully guaranteed on a senior secured basis by all Coty subsidiaries (other than the Co-Issuers) & secured by first-priority liens on existing collateral.
Proceeds will be used to redeem all outstanding 5.000% senior secured notes due 2026 & a portion of outstanding 3.875% senior secured notes due 2026 at par plus accrued interest.
Offering expenses will be paid using cash on hand.
The notes are offered only to qualified institutional buyers under Rule 144A & to non-U.S. persons outside the United States under Regulation S.
The notes are unregistered under the Securities Act & may not be offered or sold in the United States absent registration or an applicable exemption.
The press release does not constitute an offer to sell, a solicitation, or a notice of redemption regarding the existing senior secured notes.