Oriflame Cosmetics Refinances Credit Facility and Aligns Covenants with Private Placement Notes

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MALMÖ, Sweden--(BUSINESS WIRE)--Regulatory News: Oriflame Cosmetics S.A. (STO:ORISDB) has signed a new Revolving Credit Facility amounting to €110m in total with its existing core relationship banks HSBC Bank plc, ING Bank, Nordea, Raiffeisen Bank International AG and SEB. The new five-year facility replaces the existing €330m facility (signed in May 2011 and with maturity in 2016). As a result of reduced net debt levels over the last years, the new facility has been sized accordingly. The new

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