PE-backed perfume chain Douglas agrees $3 billion refinancing

Private equity-controlled Douglas on Friday said it has agreed at 2.55 billion euro ($3.01 billion) debt refinancing to support its shifts to a growing online business. The package includes a 600 million euro senior secured term loan, 1.305 billion of senior secured notes, 475 million of senior payment-in-kind notes and a 170 million revolving credit […]