Cosmetics Maker Coty Submits Application to List on Paris Stock Exchange

Coty has submitted an application for dual listing of its shares on the Paris Stock Exchange, the company said on Monday, as the CoverGirl cosmetics parent looks to tap into European investor interest.

The company said it was launching a global offering of 33 million shares and plans to use the proceeds to lower debt.

BNP Paribas, Crédit Agricole Corporate and Investment Bank, Citigroup and Santander were acting as the joint book-running…