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April 15, 2026
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Fragrance and personal care

Estée Lauder Cos. goes to market for $700M in borrowings

April 8, 2020

Estée Lauder Companies is donating 2 million surgical masks for those on the front lines in New York as part of its efforts toward COVID-19 relief. Image credit: Estée Lauder Companies Estée Lauder Companies is donating 2 million surgical masks for those on the front lines in New York as part of its efforts toward COVID-19 relief. Image credit: Estée Lauder Companies

 

By Luxury Daily News Service

Estée Lauder Companies is looking to borrow $700 million from the market as the beautycare giant, like its counterparts across industry sectors, looks to shore up its balance sheet with the COVID-19 global lockdowns continuing to take their toll on revenue.

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