The investment-grade notes are due 2031

Davis Polk advised the representatives of the several initial purchasers in connection with a Rule 144A / Regulation S offering by Coty Inc., and two subsidiaries, HFC Prestige Products, Inc. and HFC Prestige International U.S. LLC., consisting of $900 million aggregate principal amount of 5.600% senior notes due 2031. This was Coty’s debut investment-grade notes offering.

Coty is one of the world’s largest beauty companies, with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care. Coty serves consumers around the world, selling prestige and mass market products in more than 125 countries and territories.

The Davis Polk capital markets team included partner Michael Kaplan and associates Jakub P. Jozwiak, Raphaelle Desaleux and Shiqi Xiao. Partner Kara L. Mungovan and associate Isaiah B. Kramer provided tax advice. Partner Pritesh P. Shah and associate Shreya R. Kundur provided intellectual property advice. Counsel Loyti Cheng and associate Timothy J. Sullivan provided environmental advice. Members of the Davis Polk team are based in the New York and London offices.

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