Credit Suisse is marketing a $500 million loan for Mary Kay Cosmetics Inc.

The Dallas-based cosmetics company will use the loan to refinance debt as well as to make distributions to some shareholders.

The bank is looking for six co-agents. Banking experts think this loan might portend another active quarter in the loan syndication market.

The facility consists of a $50 million five-year revolver priced at Libor plus 250 basis points; a $250 million six-year-amortizing A tranche priced at Libor plus 250; a $100 million seven-year B tranche priced at Libor plus 300; and a $100 million eight-year C tranche priced at Libor plus 325 basis points.

A bank meeting has been scheduled for Thursday in Dallas.

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