Allen & Overy represented Goldman Sachs Bank USA (GS Bank), as administrative agent, and GS Bank, JPMorgan Chase Bank, KeyBanc Capital Markets Inc. and UBS Securities LLC, as lead arrangers, on the collective $315 million refinancing and dividend recapitalization by Sundial Group LLC, a portfolio company of Bain Capital Private Equity. The new credit facility consists of a $280 million term loan and $35 million revolving credit facility.

Sundial engages in the manufacture of skin care and hair care products. It offers soaps, body wash liquids, body lotions, hair colors, hair kits, kids’ hair products, masques, shampoos, bubble bath products, hand and body scrubs, and cosmetics. The company sells its products through retailers in the United States, as well as online. Sundial Brands LLC was founded in 1992 and is based in Amityville, New York.

The Allen & Overy New York leveraged finance team was led by partners Michael Chernick and Jeffrey Pellegrino and included associate Zachary Frimet.