Oriflame refinances Revolving Credit Facility
Oriflame Holding AG has signed a new Revolving Credit Facility amounting to €160m in total with HSBC Bank plc, London, Zurich Branch, and ING BELGIUM SA/NV acting as Bookrunner Mandated Lead Arrangers and BBVA, BGL BNP Paribas and UBS Switzerland AG acting as Mandated Lead Arrangers. The new five-year Facility (with two one-year extension options at the banks’ discretion) replaces the existing €110m Facility (signed in April 2015 and with maturity in 2020). The Facility will be used for general corporate purposes, primarily to cover for quarterly cash flow fluctuations within the