Skip To The Main Content

News & Events

Matter Highlights Go Back

Simpson Thacher Represents KKR-Affiliated Selling Stockholder in $420 Million Secondary Offering of Coty Inc.

09.13.21

Simpson Thacher represented KKR Rainbow Aggregator L.P. (the “Selling Stockholder”) in connection with a secondary offering of Class A common stock of Coty Inc. (“Coty”) by the Selling Stockholder for aggregate gross proceeds of approximately $420 million. The Selling Stockholder received all proceeds from the offering. Morgan Stanley & Co. LLC acted as the underwriter of the offering.

Coty is one of the world’s largest beauty companies with an iconic portfolio of brands across fragrance, color cosmetics, and skin and body care.

The Simpson Thacher team included Joseph Kaufman, Sunny Cheong and Jieun Lim (Capital Markets); and Jennifer Nadborny (Public Company Advisory Practice).