Estée Lauder Companies Inc., founded in 1946 and headquartered in New York City, is a global leader in prestige beauty, dedicated to creating high-quality skincare, makeup, fragrance, and hair care products. The company markets a diverse portfolio of well-known brands, including Estée Lauder, Clinique, MAC, and Origins, catering to a wide range of consumers around the world.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Estée Lauder first began issuing bonds in the late 1990s to support its expansion and operational needs. One notable issuance was in 2013, when the company raised $1 billion through a 10-year bond offering, attracting significant investor interest due to favorable market conditions. As of recent reports, Estée Lauder's bonds have offered yields that are competitive within the cosmetic industry, reflecting strong credit ratings. The company’s ability to maintain solid cash flow and profitability has enabled it to consistently meet its bond obligations, making its fixed-income offerings an attractive option for investors.