Estee Lauder, a leading global beauty company, filed an automatic shelf registration statement with the Securities and Exchange Commission (SEC) on May 20, 2024. The registration statement, known as Form S-3, allows the company to offer and sell debt securities from time to time, including debentures, notes, or other types of debt. The securities may be sold through underwriters, dealers, agents, or directly to purchasers. The proceeds from the sale of these debt securities are intended for general corporate purposes, which may include repayment of existing debt, acquisitions, and other business-related expenses. The registration statement includes a prospectus that details the risks involved in investing in the debt securities and provides information about the company's financial position. Estee Lauder has...Show More

Estee Lauder, a leading global beauty company, filed an automatic shelf registration statement with the Securities and Exchange Commission (SEC) on May 20, 2024. The registration statement, known as Form S-3, allows the company to offer and sell debt securities from time to time, including debentures, notes, or other types of debt. The securities may be sold through underwriters, dealers, agents, or directly to purchasers. The proceeds from the sale of these debt securities are intended for general corporate purposes, which may include repayment of existing debt, acquisitions, and other business-related expenses. The registration statement includes a prospectus that details the risks involved in investing in the debt securities and provides information about the company's financial position. Estee Lauder has a history of innovation and a strong presence in key markets, with products sold under various well-known brand names. The company is controlled by the Lauder family, which holds approximately 84% of the voting power as of April 24, 2024. The debt securities will be unsecured obligations of Estee Lauder and will be governed by the laws of the State of New York.