THE WHAT? The Estee Lauder Companies has announced the offering and pricing of some US$2 billion in Senior Notes.
THE DETAILS The offering comprises US$700 million aggregate principal amount of its 4.375 percent Senior Notes, due 2028; US$700 million aggregate principal amount of its 4.65 percent Senior Notes, due 2033 and US$600 million aggregate principal amount of its 1.15 percent Senior Notes, due 2053 and is due to close today.
THE WHY? After a rocky few quarters and the acquisition of Tom Ford, the US prestige beauty giant is presumably in need of capital. Lauder said in a statement that the funds raised would be used for ‘general corporate purposes’.
Buying aesthetics supplies typically involves sourcing these items from licensed distributors, manufacturers, or specialized suppliers who cater specifically to the needs of aesthetic professionals. These supplies are integral to performing aesthetic treatments aimed at enhancing skin appearance, addressing various skin concerns, and improving overall beauty and wellness.
Examples of aesthetics supplies include:
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Dermal Fillers: Injectable substances used to add volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.