July 8, 2010 (FinancialWire) — The Hain Celestial Group, Inc. (NASDAQ: HAIN), a natural and organic products company, said it has closed a new five-year, unsecured $400 million credit facility led by Bank of America Merrill Lynch (NYSE: BAC).

Ira J. Lamel, Hain’s CFO, said, "With consumers increasingly focused on health and nutrition, this financing will enable us to maintain flexibility with our working capital and provide access to acquisition financing to support our strategic growth."

New York-based Hain Celestial is a natural and organic products company in North America and Europe.

Hain participates in various natural categories with well-known brands that include Celestial Seasonings, Terra, Garden of Eatin', Sensible Portions, Health Valley, Earth's Best, Arrowhead Mills, MaraNatha, SunSpire, DeBoles, Gluten Free Cafe, Hain Pure Foods, Hollywood, Spectrum Naturals, Spectrum Essentials, Martha Stewart Clean, and others

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