Bond Factsheet
COTY 6.625% 15Jul2030 Corp (USD)
Coty Inc.
Indicative
Full Lot
Bid Price 98.635
Change in Bid Price 0.414
Bid Yield (%) 7.039 %
Change in Bid Yield 0.127
Ask Price 99.242
Change in Ask Price 0.352
Ask Yield (%) 6.852 %
Change in Ask Yield 0.108
Indicative price as of 02 Oct 2026, 4:33pm
Ask Yield to Worst
Bid Yield to Worst
Ask Yield to Maturity
Bid Yield to Maturity
Bond Issuer
Coty Inc.
Guarantor
-
Announcement Date
19 Jul 2023
Issue Date
26 Jul 2023
Maturity Date
15 Jul 2030
Years to Maturity / Next Call
3.780 / 0.021
Modified Duration
3.241 @ 02 Oct 2026
Issue / Reoffer Price
100.000
Issue / Reoffer Yield
6.625
Coupon Type
Fixed
Annual Coupon Rate
6.625
Coupon Frequency
Semi Annually
Seniority
Senior Unsecured
Reference Rate
-
ISIN
USU2206AAA08
CUSIP
ZJ9102766
Bond Currency
USD
Total Issue Size
750,000,000
Min. Investment Quantity (Nominal)
USD 2,000
Incremental Quantity (Nominal)
USD 1,000
Bond Type
High Yield Corporate
Bond Sector
Consumer Staples
Bond Sub Sector
Personal Products
Issuer Credit Rating (S&P/ Fitch)
***/ N.R
Bond Credit Rating (S&P/ Fitch)
***/ BB+
Shariah Compliant
No
Exchange Listed
No
Issuer Call
| Year | Price |
|---|---|
| 2026 | 103.313% |
| 2027 | 101.656% |
| 2028 and thereafter | 100.000% |
Make Whole Call
“Applicable Premium” means the greater of:
(1) 1.0% of the principal amount of such Note; and
(2) the excess, if any, of (a) the present value at such redemption date of (i) the redemption price of such Note that would apply if such Note were redeemed on July 15, 2026 (such redemption price (expressed in percentage of principal amount) being set forth in the relevant table appearing above under “—Optional Redemption”), plus (ii) all remaining scheduled payments of interest due on such Note to and including July 15, 2026 (excluding accrued but unpaid interest, if any, to, but excluding, the redemption date), with respect to each of subclause (i) and (ii), computed using a discount rate equal to the Treasury Rate as of such redemption date plus 50 basis points; over (b) the principal amount of such Note.
Change Control Put
If a Change of Control Triggering Event occurs with respect to the Notes, unless the Issuers at such time have given notice of redemption pursuant to the first or second paragraph under the caption “—Optional Redemption” with respect to all outstanding Notes, the Issuers will offer to repurchase all or any part (in minimum principal amount of $2,000 and integral multiples of $1,000 in excess thereof) of each holder’s Notes pursuant to an offer to repurchase on the terms set forth in the Indenture (a “Change of Control Offer”). In the Change of Control Offer, the Issuers will offer a payment in cash equal to 101% of the aggregate principal amount of the Notes being repurchased plus accrued and unpaid interest on the Notes being repurchased, to, but excluding, the date of repurchase (the “Change of Control Payment”).
“Change of Control” means the occurrence of any of the following:
(1) the merger or consolidation of the Company with or into another Person or the merger of another Person with or into the Company, or the sale, lease, transfer or other conveyance, in one or a series of related transactions, of all or substantially all of the assets of the Company and its Subsidiaries, taken as a whole, to any Person (other than the Company or any of its Subsidiaries), other than any such merger or consolidation where the shares of the Company’s Voting Stock outstanding immediately prior to such transaction constitute, or are converted into or exchanged for, a majority of the Voting Stock of the surviving person or parent entity thereof immediately after giving effect to such transaction; or
(2) the consummation of any transaction the result of which is that any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Exchange Act), other than the Company, its Subsidiaries or any employee benefit plan of the Company or its Subsidiaries or the Owner Group or any “group” that is controlled by the Owner Group, files a Schedule 13D or Schedule TO (or any successor schedule, form or report) pursuant to the Exchange Act disclosing that such person has become the direct or indirect “beneficial owner” (as such term is used in Rules 13d-3 and 13d-5 under the Exchange Act), in a single transaction or in a related series of transactions, by way of merger, consolidation or other business combination or purchase of beneficial ownership, directly or indirectly, of more than 50% of the total voting power of the Voting Stock of the Company or any entity of which it is a Subsidiary; provided, however, that a transaction will not be deemed to involve a Change of Control under this clause (2) if (a) the Company becomes a direct or indirect wholly owned subsidiary of a holding company, and (b)(i) the direct or indirect holders of the Voting Stock of such holding company immediately following that transaction are substantially the same as the holders of the Company’s Voting Stock immediately prior to that transaction or (ii) immediately following that transaction no “person” or “group” (other than a holding company satisfying the requirements of this sentence) is the beneficial owner, directly or indirectly, of more than 50% of the Voting Stock of such holding company.
Equity Call
Bondsupermart strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.
Bond Calculator
Yield Calculation
Investment Amount
Nominal Value-
Principal Amount-
Accrued Interest-
Total Payable-
Cash Flow Information