Daily News: March 20, 2018

BofA Merrill Lynch, JPMorgan Lead $8B Coty Refi


According to Reuters, Bank of America Merrill Lynch and JPMorgan will lead an $8 billion debt refinancing for beauty company Coty.

Reuters added the refinancing would include a $1.25 billion term loan A, a $2.25 billion euro-dominated term loan A, a $1 billion seven-year term loan B and a $1.5 billion euro-denominated seven-year term loan B

Morgan Stanley, BNP Paribas, Credit Agricole, Deutsche Bank, HSBC, UniCredit, ING, Mizuho and RBC will also participate in the financing, said Reuters.