Main Debt instruments — Bonds, Debentures and Promissory Notes as of March 31, 2023
The debt instruments below account for over 90% of the Company’s total debt.
Sustainability-Linked Bond – Issuer: Natura Cosméticos S.A.
Issue Date | ISIN | Maturity | Principal | Coupon (per year) |
Payment of interest |
---|---|---|---|---|---|
05/03/2021 | 144A: US63883KAB17 RS: USP7088CA03 |
05/03/2028 | US$1,000.0 million(1) | 4.125% per year | 6 months (May and November) |
(1) Principal and interests fully hedged (swapped to BRL). For more information, see the explanatory notes to the Company’s financial statements.
For more information on Sustainability Linked Bond issuance, please access the following documents:
- Notice to the Market – Successful Closing of Sustainability-Linked Bond Issue
- Sustainability-Linked Bond – Framework
- Sustainability-Linked Bond – Second Party Opinion
- Sustainability-Linked Bond – Report 1 year
- Sustainability-Linked Bond – Audit Report non financial information (in portuguese)
- Sustainability-Linked Bond – Audit Report GHG emission (in portuguese)
Bonds – Issuer: Natura &Co Luxemburg Holding.
Instrument | Issue Date | Maturity Date | ISIN | Principal | Coupon (per year) | Payment of interest |
---|---|---|---|---|---|---|
Unsecured Bonds | 04/19/2022 | 04/19/2029 | 144A:US63884WAA62
RS: USL6S52VAA02 |
US$ 600 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$ 216.2 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 826.0 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 March 31, 2023.
Debt Profile
Natura &Co Holding S.A. consolidated position, as of March 31, 2023.
Indebtedness Ratio Evolution
Value (BRL million) |
Mar-22 Natura Cosméticos S.A.(3) |
Mar-22 |
Jun-22 Natura Cosméticos S.A.(3) |
Jun-22 |
Sep-22 Natura Cosméticos S.A.(3) |
Sep-22 |
Dec-22 Natura Cosméticos S.A.(3) |
Dec-22 |
Mar-23 Natura Cosméticos S.A.(3) |
Mar-23 |
---|---|---|---|---|---|---|---|---|---|---|
Short Term | 772.5 | 3.863,5 | 1,045.9 | 726.0 | 320 | 429 | 134.1 | 331.2 | 131.9 | 289.2 |
Long Term | 6,678.7 | 7.692,4 | 6,994. | 11.992,8 | 7,814 | 12,971 | 7,448.1 | 12,987.6 | 7,365.7 | 12,721.8 |
Gross Debt(1) | 7,451.2 | 11,556.0 | 8,040.6 | 12,718.8 | 8,134 | 13,401 | 7,622.2 | 13,318.8 | 7,497.7 | 13,011.0 |
Foreign Currency Hedging (Swaps)(2) | 628.8 | 627.6 | 75.5 | 54.8 | 59 | 52 | 86,4 | 120 | 419.7 | 445.2 |
Total Gross Debt | 8,080.0 | 12,183.6 | 8,116.1 | 12,773.6 | 8,194 | 13,453 | 7,708.6 | 13,438.8 | 7,917.4 | 13,456.2 |
Cash and Short-Term Deposits | (3,220.2) | (4,536.7) | (3,041.6) | (4,275.6) | (3,023) | (4,629) | (3,844.5) | (5,996.2) | (2,705.6) | (4,048.1) |
Total net debt | 4,859.8 | 7,646.9 | 5,074.5 | 4,275.6 | 5,171 | 8,823 | 3,864.1 | 7,442.6 | 5,211.8 | 9,408.2 |
Net Debt/ EBITDA(4) | 1.84x | 3.06x | 1.83x | 3.46x | 1.88x | 4.15x | 1.59x | 7.83x | 2.23x | 7.54x |
Net Debt/ EBITDA(5) | 1.38x | 2.13x | 1.43x | 2.46x | 1.49x | 2.85x | 1.25x | 3.49x | 1.65x | 3.96x |
(1) Gross debt excludes PPA impacts of R$243.9 million in Q1-23 and R$311.0 million in Q1-22, and exclude lease agreements
(2) Foreign currency debt hedging instruments, excluding mark-to-market effects
(3) Short-Term Investments excludes non current balances