The investment-grade notes are due 2028, 2033 and 2053

Davis Polk advised the joint book-running managers in connection with an SEC-registered debt offering by the Estée Lauder Companies Inc. of $700 million aggregate principal amount of its 4.375% senior notes due 2028, $700 million aggregate principal amount of its 4.650% senior notes due 2033 and $600 million aggregate principal amount of its 5.150% senior notes due 2053.

The Estée Lauder Companies Inc., founded in 1946 by Estée and Joseph Lauder, is one of the world’s leading manufacturers, marketers and sellers of quality skin care, makeup, fragrance and hair care products, and is a steward of outstanding luxury and prestige brands globally. Its products are sold in approximately 150 countries and territories under a number of well-known brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown Cosmetics, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, Dr.Jart+, and the DECIEM family of brands, including The Ordinary and NIOD.

The Davis Polk capital markets team included partner Roshni Banker Cariello and associate Caroline G. Armstrong. The tax team included partner Kara L. Mungovan and associate Eitan Ulmer. The intellectual property team included partner Frank J. Azzopardi and associates Brette L. Trost and Anthony Tran. All members of the Davis Polk team are based in the New York office.

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