Coty Inc. Announces Pricing of Global Offering and Admission to Listing and Trading of Class A Common Stock on the Professional Segment of Euronext Paris
Coty also announces the admission to listing and trading of its Class A Common Stock (including the shares of Class A Common Stock to be issued pursuant to the Offering) (the “Paris Listing”) on the professional segment of the regulated market of Euronext Paris (“Euronext Paris”) following approval by the Autorité des marchés financiers (the “AMF”) of the prospectus prepared in connection with such listing (the “French Listing Prospectus”).
- Coty also announces the admission to listing and trading of its Class A Common Stock (including the shares of Class A Common Stock to be issued pursuant to the Offering) (the “Paris Listing”) on the professional segment of the regulated market of Euronext Paris (“Euronext Paris”) following approval by the Autorité des marchés financiers (the “AMF”) of the prospectus prepared in connection with such listing (the “French Listing Prospectus”).
- Shares on Euronext Paris are expected to start trading today at 9:30am ET / 3:30pm CET.
- The Company intends to use the net proceeds from the Offering primarily to retire principal amount of outstanding debt.
- Coty currently intends to manage its outstanding share count through discretionary settlement of one or more of its outstanding total return swaps.