Coty Inc. Amends Existing Credit Agreement
June 07 2021 - 3:00AM
Business Wire
Coty Inc. (NYSE: COTY) today announced it has amended its
existing credit agreement to, among other things, effectively
extend the maturity of a portion of its existing revolving loan
commitments. The amendment creates a new class of revolving loan
commitments in an aggregate principal amount of $700.0 million,
which commitments will mature in April 2025. The effectiveness of
such new class of commitments is conditioned upon customary closing
conditions, including a reduction of existing revolving loan
commitments under Coty's existing credit agreement in an amount no
less than $700.0 million on or prior to September 30, 2021.
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version on businesswire.com: https://www.businesswire.com/news/home/20210607005212/en/
Investor Relations Olga Levinzon 212-389-7733
Olga_Levinzon@cotyinc.com
Media Antonia Werther +31 621 394495
Antonia_Werther@cotyinc.com
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