Coach Closes $1 Billion Senior Unsecured Notes Offering

6/20/17

NEW YORK--(BUSINESS WIRE)--Coach, Inc. (NYSE:COH) (SEHK:6388), a leading New York design house of modern luxury accessories and lifestyle brands, today announced the closing of its underwritten public offering of $1 billion aggregate principal amount of senior unsecured notes, consisting of $400 million aggregate principal amount of 3.000% senior unsecured notes due 2022 and $600 million aggregate principal amount of 4.125% senior unsecured notes due 2027. Interest on the notes is payable semi-annually on January 15 and July 15 of each year, beginning on January 15, 2018.

About Coach

Coach, Inc. is a leading New York design house of modern luxury accessories and lifestyle brands. The Coach brand was established in New York City in 1941, and has a rich heritage of pairing exceptional leathers and materials with innovative design. Coach is sold worldwide through Coach stores, select department stores and specialty stores, and through Coach’s website. In 2015, Coach acquired Stuart Weitzman, a global leader in designer footwear, sold in more than 70 countries and through its website. Coach, Inc.’s common stock is traded on the New York Stock Exchange under the symbol COH and Coach’s Hong Kong Depositary Receipts are traded on The Stock Exchange of Hong Kong Limited under the symbol 6388.

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.