New York-based perfumes and fragrances distributor, Perfumania Holdings, has secured a credit facility worth $225 million. The senior secured revolving loan has a four year term. The proceeds will be used to refinance an existing senior credit facility, due in August 2011 and for other general corporate purposes. Bank of America serves as syndication agent, while the Regions Bank and RBS Business Capital are co-documentation agents for the deal. Wells Fargo Capital Finance and Merrill Lynch, Pierce, Fenner & Smith were the joint lead arrangers and joint book-runners.
Click here for the release from Globe Newswire.