Daily News: August 11, 2017

Siena Lending Closes $9MM Revolver for Skin Care Company

Siena Lending Group completed a $9 million revolving credit facility for a skin care company to refinance its existing senior debt and to support its working capital needs.

The skin care firm is a portfolio company of a large private equity group. The company formulates, markets and distributes highly customizable makeup solutions that include foundations, concealers, primers and highlighters under its brand name. Its major customers include Sephora and Ulta, the two largest U.S. cosmetic retailers.