Financing was set for the buy-out of Mary Kay.

Mary Kay Ash and her son, Richard R. Rogers, have bank commitments for $141 million to finance the buy-out and will use available cash for the remainder of the initial expenditure, spokesman Dean Meadors said. Rogers is chief executive of the firm. In May, Ash and Rogers, joined by an investor group of senior Mary Kay management proposed a $381-million leveraged buy-out. The investor group currently owns 30% of the company’s shares but has been delayed in its efforts to acquire financing.