Oriflame Cosmetics Refinances Credit Facilities totalling €430m


Oriflame Cosmetics Refinances Credit Facilities totalling €430m

Oriflame Cosmetics S.A. has signed two Revolving Credit Facilities,
amounting to €430m in total with its core relationship banks. A €330m
five-year Revolving Facility was joined by ING, HSBC Bank plc, Nordea,
RB International and SEB. A €100m one-year Revolving Facility was joined
by Nordea and SEB.

The Facilities will be used for general corporate purposes and will
refinance Oriflame's existing credit facilities of €400m (signed
December 2009).

“This is a step to further strengthen the bonds with our core banks
which enables us to ascertain the company's long term financing while
decreasing our financing costs at the same time”, Gabriel Bennet, CFO at
Oriflame Cosmetics S.A., comments.

The Facility was co-ordinated by Nordea and SEB, who also acted as
Bookrunners and Mandated Lead Arrangers together with ING and HSBC Bank
plc. RB International participated as a Lead Arranger.

ING, Mandated Lead Arranger and Bookrunner
HSBC Bank plc, Mandated Lead Arranger and Bookrunner
Nordea, Bookrunner, Joint Co-ordinator and Mandated Lead Arranger
RB International, Lead Arranger
SEB, Bookrunner, Joint Co-ordinator and Mandated Lead Arranger

For additional information, please contact:
Gabriel Bennet, CFO                                                     
+41 798 263 713
Patrik Linzenbold, Sen. Director IR (until 1 June)             
+46 765 422 709
Joakim Banestig, Sen. Director IR                                   +41
79 103 35 21
Jonas B. Lind, Nordea                                                   
+46 70 666 29 82
Micael Ljunggren, SEB                                                  
+46 70 772 32 17

 
Oriflame Cosmetics is an international beauty company selling direct.
The company began operations in 1967 in Sweden and has today a presence
in over 60 countries worldwide. Oriflame offers a wide portfolio of
Swedish, natural, innovative, quality beauty products at affordable
prices. To-date Oriflame has over 3.5 million consultants worldwide with
annual sales of €1.5 billion. Oriflame offers the leading business
opportunity for people who want to start making money the same day they
join and then grow into a leadership role and fulfil their personal
dreams and ambitions. Oriflame is listed on NASDAQ OMX Stockholm since
2004.

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