Discount cosmetic company E.L.F. Beauty amended its credit facility to increase the revolving credit facility from $35 million to $50 million. The $165 million term loan remained unchanged. The maturity date of both the term loan and the revolving credit facility was extended to August 24, 2022.

According to a related 8-K filing, the Bank of Montreal served as administrative agent for the transaction.

As of the closing date, there were borrowings of $11.1 million and undrawn letters of credit outstanding in an amount of $500,000 under the revolving credit facility and $160.9 million of borrowings outstanding under the term loan facility.