SAO PAULO, June 9 Brazilian beauty products
maker Natura Cosméticos SA will take on loans from a
group of banks to help fund the 1-billion-euro purchase of
L'Oreal's The Body Shop Unit, executives said in a
conference call on Friday.
The loans, denominated in the Brazilian real and other
currencies, will be amortized in a "reasonable" period, Chief
Executive Officer João Paulo Ferreira said. Natura will provide
full payment upon signing the deal, executives added.
(Reporting by Gabriela Mello; Writing by Bruno Federowski;
Editing by Chizu Nomiyama)