Axilone looks to take out second lien, also switch terms
![Lipstick_230px](https://assets.euromoneydigital.com/dims4/default/ff84664/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F57%2F52%2Fbc0887064366042f3647bc485c8a%2Frows-of-lipstick-230px.jpg)
Axilone, the beauty product packaging firm, has launched an add-on to its first lien term loan. The money will be used to refinance the second lien debt it took out in January 2018, to part-fund its buyout by Citic Capital.
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