French cosmetics company Clarins obtains €140M loan that will be used for general funding, refinancing existing debt

LOS ANGELES , January 17, 2012 () – French cosmetics company Clarins SA obtained a €140 million (US$178 million) loan that will be used to refinance existing debt and for general funding, Bloomberg reported Jan. 17, citing a statement from the lenders.

According to the statement, the loan participants were BNP Paribas SA, Credit Agricole SA, Credit Industriel et Commercial, HSBC Holdings Plc, Credit Suisse Group AG and Societe Generale SA.

The primary source of this article is Bloomberg, New York, New York, on Jan. 17, 2011.

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