NEW YORK--(BUSINESS WIRE)--Jun. 1, 2015--
The Estée Lauder Companies Inc. (NYSE:EL) today announced the offering
and pricing of $300 million of its 4.375% Senior Notes due 2045.
The offering was made pursuant to an effective registration statement
filed by The Estée Lauder Companies Inc. with the Securities and
Exchange Commission on May 22, 2015. The closing of the offering is
expected to occur on or about June 4, 2015.
The Company intends to use the net proceeds of the offering for general
corporate purposes, which may include repayment of its outstanding
commercial paper as it matures and other indebtedness, acquisitions,
working capital, capital expenditures and repurchases of its Class A
Common Stock.
Citigroup Global Markets Inc., Goldman, Sachs & Co., J.P. Morgan
Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated
are the joint book-running managers for the offering. Copies of the
prospectus supplement and accompanying prospectus may be obtained, when
available, by contacting Citigroup Global Markets Inc., c/o Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by
telephone at 800-831-9146 or by email at prospectus@citi.com,
or Goldman, Sachs & Co., Attention: Prospectus Department, 200 West
Street, New York, NY 10282, by telephone at 866-471-2526, by facsimile
at 212-902-9316 or by email at prospectus-ny@ny.email.gs.com.
An electronic copy of the prospectus supplement and accompanying
prospectus will also be available on the website of the Securities and
Exchange Commission at http://www.sec.gov.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy the notes, nor shall there be any sale
of these notes in any jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. A registration statement
relating to the notes became effective on May 22, 2015, and this
offering is being made by means of a prospectus supplement.
About The Estée Lauder Companies Inc.
The Estée Lauder Companies Inc. is one of the world’s leading
manufacturers and marketers of quality skin care, makeup, fragrance and
hair care products. The Company’s products are sold in over 150
countries and territories under the following brand names: Estée Lauder,
Aramis, Clinique, Prescriptives, Lab Series, Origins, M·A·C, Bobbi
Brown, Tommy Hilfiger, Kiton, La Mer, Donna Karan, Aveda, Jo Malone
London, Bumble and bumble, Darphin, Michael Kors, Flirt!, GoodSkin Labs,
Tom Ford, Coach, Ojon, Smashbox, Ermenegildo Zegna, Aerin Beauty, Osiao,
Marni, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums
Frédéric Malle and GLAMGLOW.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150601006814/en/
Source: Estée Lauder Companies Inc.
Estée Lauder Companies Inc.
Investor Relations:
Dennis
D’Andrea, 212-572-4384
or
Media Relations:
Alexandra
Trower, 212-572-4430
