Avon Products, Inc. was founded in 1886 and is headquartered in London, UK, with a focus on selling beauty and personal care products directly to consumers through a network of independent representatives. The company's key offerings include skincare, cosmetics, fragrance, and personal care items, known for empowering women entrepreneurs around the world.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AVP 6.95% 2043-03-15 USDAvon Products, Inc. | United States | 2043-03-15 | 6.950 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Avon has issued bonds since the early 2000s, with notable bond offerings including $500 million in senior unsecured notes in 2017, which were used to bolster its balance sheet amid restructuring efforts. As of October 2023, Avon’s bonds yield approximately 6.5%, above the industry average, reflecting the company's ongoing recovery after being acquired by a subsidiary of Natura & Co. in 2020. The bonds typically feature call options, providing flexibility for the issuer, and have garnered interest due to their potential for improved credit metrics in the coming years.