The high-yield notes are due 2027

Davis Polk advised the representatives of the several initial purchasers in connection with a Rule 144A / Regulation S offering by Coty Inc., HFC Prestige Products, Inc. and HFC Prestige International U.S. LLC of €500 million aggregate principal amount of 4.500% senior secured notes due 2027. The notes are guaranteed by certain of Coty’s subsidiaries.

Coty is a global beauty company with a rich entrepreneurial history and an iconic portfolio of brands. Coty manufactures, markets, sells and distributes branded beauty products, including fragrances, color cosmetics, hair care products and skin & body related products throughout the world. HFC Prestige Products, Inc. and HFC Prestige International U.S. LLC are subsidiaries of Coty.

The Davis Polk capital markets team included partner Michael Kaplan and associates Jakub P. Jozwiak, Dennis Chu and Raphaelle Desaleux. The finance team included partner Christopher Nairn-Kim and associate Elizabeth Rodgers. Partner Michael Mollerus and associate William Liang provided tax advice. Partner Pritesh P. Shah provided intellectual property advice. Counsel Loyti Cheng provided environmental advice. All members of the Davis Polk team are based in the New York office.

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