Oriflame completes a 70 MEUR issue of private placement notes
Oriflame Holding AG is pleased to announce the successful completion of a 70 MEUR issue of Euro denominated private placement notes bilaterally agreed with an international investor. The notes have a final maturity in 2029 and will be linearly amortised starting from 2025, resulting in an average maturity of 10 years. The proceeds refinance the loan maturing during the second quarter 2017 and will be used for general corporate purposes.
|For additional information, please contact:|
|Gabriel Bennet, Chief Financial Officer||+41 798 263 769|
|Nathalie Redmo, Sr. Manager Investor Relations||+41 799 220 173|
This information is information that Oriflame Holding AG is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 12:00 CET on June 29, 2017.
Founded in 1967, Oriflame is a beauty company selling direct in more than 60 countries. Its wide portfolio of Swedish, nature-inspired, innovative beauty products is marketed through approximately 3 million independent Oriflame Consultants, generating annual sales of around €1.2 billion. Respect for people and nature underlies Oriflame’s operating principles and is reflected in its social and environmental policies. Oriflame supports numerous charities worldwide and is a Co-founder of the World Childhood Foundation. Oriflame is a Swiss company group listed on the Nasdaq Stockholm Exchange. For more information about Oriflame, please visit www.oriflame.com.