TPR 5.500% 11Mar2035 Corp (USD)

Bond Factsheet

Tapestry, Inc.

Indicative

Full Lot

Bid Price

94.820

Change in Bid Price

0.495

Bid Yield (%)

6.301 %

Change in Bid Yield

remove 0.079

Ask Price

95.467

Change in Ask Price

0.522

Ask Yield (%)

6.198 %

Change in Ask Yield

remove 0.082

Indicative price as of 02 Oct 2026, 4:33pm

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Bond Information

Tapestry, Inc. designs and markets clothes and accessories. The Company offers handbags, leather goods, footwear, fragrance, jewelry, outer wear, ready-to-wear, scarves, sunwear, travel accessories, and watches. Tapestry serves customers worldwide.

Bond Issuer

Tapestry, Inc.

Guarantor

Announcement Date

04 Dec 2024

Issue Date

11 Dec 2024

Maturity Date

11 Mar 2035

Years to Maturity / Next Call

8.435 / 8.188

Modified Duration

6.584 @ 02 Oct 2026

Issue / Reoffer Price

99.864

Issue / Reoffer Yield

5.514

Coupon Type

Fixed

Annual Coupon Rate

5.500

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

US876030AL10

CUSIP

876030AL1

Bond Currency

USD

Total Issue Size

750,000,000

Min. Investment Quantity (Nominal)

USD 2,000

Incremental Quantity (Nominal)

USD 1,000

Bond Type

Corporate

Bond Sector

Consumer Discretionary

Bond Sub Sector

Textiles, Apparel and Luxury Goods

Issuer Credit Rating (S&P/ Fitch)

***/ W.R

Bond Credit Rating (S&P/ Fitch)

***/ N.R

Shariah Compliant

Exchange Listed

Others

Bond Feature(s)

Issuer Call

On or after the 2030 Par Call Date with respect to the 2030 Notes or the 2035 Par Call Date with respect to the 2035 Notes, as applicable, we may redeem such Notes, in whole or in part, at any time and from time to time, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed plus accrued and unpaid interest to, but excluding, the redemption date.

Par Call 2035 Notes: On or after December 11, 2034

Make Whole Call

Prior to February 11, 2030 with respect to the 2030 Notes (one month prior to their maturity date) (the “2030 Par Call Date”) or December 11, 2034 with respect to the 2035 Notes (three months prior to their maturity date) (the “2035 Par Call Date” and, together with the 2030 Par Call Date, each a “Par Call Date”) , we may redeem such Notes, as applicable, at our option, in whole or in part, at any time and from time to time, at a redemption price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of:

(1)(a) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the redemption date (assuming the Notes matured on the 2030 Par Call Date or the 2035 Par Call Date, as applicable) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 20 basis points with respect to the 2030 Notes and 20 basis points with respect to the 2035 Notes , in each case, less (b) interest accrued but not paid to, but excluding, the date of redemption, and

(2)100% of the principal amount of the Notes to be redeemed,

plus, in either case, accrued and unpaid interest thereon to, but excluding, the redemption date.

Change Control Put

Upon the occurrence of a Change of Control Triggering Event (as defined below), unless we have exercised our right to redeem the relevant series of Notes as described above under “—Optional Redemption”, the indenture provides that each holder of any series of Notes will have the right to require us to repurchase all or a portion (equal to $2,000 or an integral multiple of$1,000 in excess thereof) of such holder’s Notes pursuant to the off er described below (the “Change of Control Offer”), at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to, but excluding, the date of repurchase (the “Change of Control Payment”), subject to the rights of holders of the applicable series of Notes on the relevant record date to receive interest due on the relevant interest payment date.

“Change of Control” means the occurrence of any one of the following: (1) the direct or indirect sale, lease, transfer, conveyance or other disposition (other than by way of merger or consolidation), in one or a series of related transactions, of all or substantially all of our assets and the assets of our subsidiaries taken as a whole to any person other than to our company or one of our subsidiaries; (2) the consummation of any transaction (including without limitation, any merger or consolidation) the result of which is that any “person” (other than our company or one of our subsidiaries) becomes the “beneficial owner” (as such terms are defined in Rules13d-3 and 13d-5 under the Exchange Act), directly or indirectly, of more than 50% of our outstanding Voting Stock or the Voting Stock of any parent company (as defined below) or other Voting Stock into which our Voting Stock or the Voting Stock of any parent company is reclassified, consolidated, exchanged or changed, measured by voting power rather than number of shares; (3) we or any parent company consolidates with, or merges with or into, any person, or any person consolidates with, or merges with or into, us or any parent company, in any such event pursuant to a transaction in which any of our outstanding Voting Stock, the Voting Stock of such parent company or the Voting Stock of such other person is converted into or exchanged for cash, securities or other property; (4) the adoption of a plan relating to our liquidation or dissolution; or (5) the occurrence of any Change of Control (as defined in the Existing Indentures for the Existing Notes) to the extent that and only for so long as any such Existing Notes are outstanding. Notwithstanding the foregoing, a transaction will not be deemed to involve a Change of Control under clause (1), (2) or (3) above if the persons that beneficially own our Voting Stock immediately prior to such transaction own, directly or indirectly, shares with a majority of the total voting power of all outstanding voting securities of the surviving or transferee person that are entitled to vote generally in the election of that person’s board of directors, managers or trustees immediately after such transaction, provided that any series of related transactions shall be treated as a single transaction. The term “person,” as used in this definition, has the meaning given thereto in Section 13(d)(3) of the Exchange Act.

“Change of Control Triggering Event” means the occurrence of both a Change of Control and a related Rating Event.

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Coupon Dates	Coupon Receive	Principal Amount	Cash Flow

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