Credit Lyonnais Facility Confirmation Letter to Inter Parfums Holding and Affiliates (March 22, 2001)

Summary

Credit Lyonnais confirms to Inter Parfums Holding, Inter Parfums SA, and Inter Parfums Grand Public the details of their banking facilities as of December 31, 2000. The letter outlines the types and amounts of credit available to each company, notes that these facilities are granted for an indefinite term, and states that their renewal is reviewed annually based on audited accounts. The letter is addressed to Inter Parfums Holding and signed by Credit Lyonnais' Commercial Director.

EX-10.80.1 10 c20397_ex10-821.txt CORRESPONDENCE Exh. 10.80.1 [logo] CREDIT LYONNAIS DEPARTMENT OF CORPORATE CONTRACTS CHAMPS ELYSEES - PARIS WEST INTER PARFUMS HOLDING 4, Rond-Point des Champs Elysees 76008 PARIS Attn: Mr. Philippe SANTI Your reference Our reference CO/MAD Tel. 01.49.53.14.04 Paris, March 22, 2001 Dear Sir: I am following up on our conversation in regard to the request for financial and banking information issued by your American parent company. Please find below the details of the main facilities offered by our Establishment to the companies Inter parfums Holding, Inter parfums SA, and Inter parfums Grand Public as of 12/31/2000: o INTER PARFUMS HOLDING: --------------------- - Cash facility: none. o INTER PARFUMS SA: ---------------- - Cash Facility: 4,000 KF, - Cash Credit: 8,000 KF, - Commercial Credit Discount: 12,000 KF. o INTER PARFUMS GRAND PUBLIC: -------------------------- - Cash Facility: 2,000 KF. These various facilities were granted for an indefinite term and are governed by the provisions of the Banking Law of January 24, 1984. The renewal of these facilities is examined annually by our Establishment upon receipt of the audited accounts of your companies. Hoping that we have met your expectations, we remain, Very truly yours, /s/ Christian Carata --------------------- Commercial Director ADDRESS: 55, AVENUE DES CHAMPS ELYSEES - [illegible] PARIS CEDEX 06 - TELEX: 642 008 CREDELYS PARIS - -------------------------------------------------------------------------------- Credit Lyonnais - Corporation with capital of 1,757,470,939 [illegible] - SIREN 854 509 741 - RCS Lyon