Main Debt instruments — Bonds, Debentures and Promissory Notes as of September 30, 2023
The debt instruments below account for over 90% of the Company’s total debt.
Sustainability-Linked Bond – Issuer: Natura &Co Luxemburg Holding.
Issue Date | ISIN | Maturity | Principal | Coupon (per year) |
Payment of interest |
---|---|---|---|---|---|
05/03/2021 | 144A: US63883KAB17 RS: USP7088CA03 |
05/03/2028 | US$450 million | 4.125% per year | 6 months (May and November) |
For more information on Sustainability Linked Bond issuance, please access the following documents:
- Notice to the Market – Successful Closing of Sustainability-Linked Bond Issue
- Sustainability-Linked Bond – Framework
- Sustainability-Linked Bond – Second Party Opinion
- Sustainability-Linked Bond – Report 1 year
- Sustainability-Linked Bond – Audit Report non financial information (in portuguese)
- Sustainability-Linked Bond – Audit Report GHG emission (in portuguese)
Bonds – Issuer: Natura &Co Luxemburg Holding.
Instrument | Issue Date | Maturity Date | ISIN | Principal | Coupon (per year) | Payment of interest |
---|---|---|---|---|---|---|
Unsecured Bonds | 04/19/2022 | 04/19/2029 | 144A:US63884WAA62
RS: USL6S52VAA02 |
US$ 270 million | 6.000% | 6 months (April and October) |
Bonds – Issuer: Avon Products, Inc.
Instrument | Issue Date | Maturity Date | ISIN | Principal | Coupon (per year) | Payment of interest |
---|---|---|---|---|---|---|
Unsecured Bonds | 03/15/2013 | 03/15/2043 | US054303AZ59 | US$ 21.8 million | 8.450%(1) | 6 months (March and September) |
(1) Coupon based on current credit ratings, governed by interest rate adjustment provisions
Debentures – Issuer: Natura Cosméticos S.A.
Issuance | Issue Date | Ticker | Maturity | Principal | Remuneration | Payment of interest |
---|---|---|---|---|---|---|
11th issue 2022 | 07/21/2022 | NATUA1 | 07/21/2027 | BRL 826 million | DI + 1.65 per year | 6 months (January and July) |
Real State Receivables Certificate (CRIs) – Issuer: Natura Cosméticos S.A.
Issuance | Issue Date | Ticker | Maturity | Principal | Remuneration | Payment of interest |
---|---|---|---|---|---|---|
1st CRI issue 2022 | 10/06/2022 | BRIMWLCRIE48 | 09/15/2027 | BRL 255.9 million | CDI + 0.80% | 6 months (March and September) |
BRIMWLCRIE55 | 09/15/2029 | BRL 487.2 million | IPCA + 6.80% | |||
BRIMWLCRIE63 | Equal installments between 2030 and 2032 | BRL 306.9 million | IPCA + 6.90% |
Commercial Notes – Issuer: Natura Cosméticos S.A.
Issuance | Issue Date | Ticker | Maturity | Principal | Remuneration | Payment of interest |
---|---|---|---|---|---|---|
1st issue 2022 | 09/19/2022 | NC0022009KK | 09/19/2025 | BRL 500.0 million | DI + 1.55 per year | 6 months (March and September) |
Debt Amortization Schedule1
Natura &Co Holding S.A. consolidated position, as of September 30, 2023.
Debt Profile
Natura &Co Holding S.A. consolidated position, as of September 30, 2023.
Indebtedness Ratio Evolution
Value (BRL million) |
Sep-22 Natura Cosméticos S.A. |
Sep-22 |
Dec-22 Natura Cosméticos S.A. |
Dec-22 |
Mar-23 Natura Cosméticos S.A. |
Mar-23 |
Jun-23 Natura Cosméticos S.A. |
Jun-23 |
Sep-23 Natura Cosméticos S.A. |
Sep-23 |
---|---|---|---|---|---|---|---|---|---|---|
Short Term | 320 | 429 | 134.1 | 331.2 | 131.9 | 289.2 | 21.6 | 362.7 | 98.4 | 141.1 |
Long Term | 7,814 | 12,971 | 7,448.1 | 12,987.6 | 7,365.7 | 12,721.8 | 713.0 | 12,798.3 | 2,352.2 | 6,046.5 |
Gross Debt(1) | 8,134 | 13,401 | 7,622.2 | 13,318.8 | 7,497.7 | 13,011.0 | 7,324.6 | 13,161.0 | 2,450.6 | 6,187.6 |
Foreign Currency Hedging (Swaps)(2) | 59 | 52 | 86,4 | 120 | 419.7 | 445.2 | 508.5 | 553.8 | (49.6) | (110.8) |
Total Gross Debt | 8,194 | 13,453 | 7,708.6 | 13,438.8 | 7,917.4 | 13,456.2 | 7,833.1 | 13,714.8 | 2,401.0 | 6,076.8 |
Cash and Short-Term Deposits | (3,023) | (4,629) | (3,844.5) | (5,996.2) | (2,705.6) | (4,048.1) | (2,120.8) | (3,455.5) | (4,489.1) | (6,773.4) |
Aesop Cash, Cash Equivalents and Short-Term Investment(3) | (226.9) | (226.9) | ||||||||
Total net debt | 5,171 | 8,823 | 3,864.1 | 7,442.6 | 5,211.8 | 9,408.2 | 5,485.4 | 10,032.5 | (2,088.1) | (696.6) |
Net Debt/ EBITDA(4) | 1.88x | 4.15x | 1.59x | 7.83x | 2.23x | 7.54x | 2.19x | 7.24x | -1.03x | -0.66x |
Net Debt/ EBITDA(5) | 1.49x | 2.85x | 1.25x | 3.49x | 1.65x | 3.96x | 1.68x | 4.17x | -0.79x | -0.37x |
(1) Gross debt excludes PPA impacts of R$23.3 million in Q3-23 and R$307.2 million in Q3-22, and exclude lease agreements
(2) Foreign currency debt hedging instruments, excluding mark-to-market effects
(3) Short-Term Investments excludes non current balances and Aesop figures marked as assets available for sale
(4) Debt ratio excluding IFRS 16
(5) Debt ratio including IFRS 16