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Coty Inc. Amends Existing Credit Agreement

NEW YORK--(BUSINESS WIRE)--Coty Inc. (NYSE: COTY) today announced it has amended its existing credit agreement to, among other things, effectively extend the maturity of a portion of its existing revolving loan commitments. The amendment creates a new class of revolving loan commitments in an aggregate principal amount of $700.0 million, which commitments will mature in April 2025. The effectiveness of such new class of commitments is conditioned upon customary closing conditions, including a reduction of existing revolving loan commitments under Coty's existing credit agreement in an amount no less than $700.0 million on or prior to September 30, 2021.

Contacts

Investor Relations
Olga Levinzon
212-389-7733
Olga_Levinzon@cotyinc.com

Media
Antonia Werther
+31 621 394495
Antonia_Werther@cotyinc.com

Industry:

Coty Inc.

NYSE:COTY
Release Summary
Coty Inc. Amends Existing Credit Agreement
Release Versions
English

Contacts

Investor Relations
Olga Levinzon
212-389-7733
Olga_Levinzon@cotyinc.com

Media
Antonia Werther
+31 621 394495
Antonia_Werther@cotyinc.com

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