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Published on 11/12/2020 in the Prospect News Private Placement Daily.

Estyle gets $70 million in revolver, term loan financing via CIT

By Devika Patel

Knoxville, Tenn., Nov. 12 – Estyle Holdings Inc. settled a $70 million financing, according to a press release from joint lead arranger CIT Group Inc.

The senior secured financing consists of a revolving credit facility, delayed-draw term loan and a term loan to support the recapitalization of the company by Clarion Capital Partners.

Based in Jacksonville, Fla., Estyle is a maker of beauty and personal care products.


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