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MarketWatch MarketPulseApr 15, 2021
Coty to issue up to $750 million of high-yield bonds in private offering
Coty Inc. said Thursday it plans to offer up to $750 million of senior secured high-yield bonds in a private transaction, joining the many companies issuing debt during the pandemic. Proceeds of the deal will be used to repay part of the cosmetic company's term loans. Shares wee slightly higher premarket.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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