Siena Lending Group announced the completion of a $9.0 million revolving credit facility for a skin care company to refinance their existing senior debt and to support their working capital needs.
The skin care company is a portfolio company of one of the largest and most experienced consumer-focused private equity groups in the world.
The company formulates, markets and distributes highly customizable makeup solutions that include foundations, concealers, primers and highlighters under the skin care company’s brand name. The company’s major customers include Sephora and Ulta, the two largest US cosmetic retailers.