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Oriflame Cosmetics AB (0HG6)


Wednesday 09 December, 2009

Oriflame Cosmetics AB

Oriflame Cosmetics agrees ¤400m Refinancing of...

Press release
                                                  9 December, 2009

                   Oriflame Cosmetics agrees ¤400m
                         Refinancing of Debt

Oriflame Cosmetics S.A. today signed a ¤400m three-year Term Loan and
Revolving Credit Facility (the "Facility") with its core relationship
The Facility will  be used  for general corporate  purposes and  will
refinance Oriflame's  existing  credit facilities  of  ¤375m  (signed
April 2006) and ¤130m (signed February 2009).
"With support  of our  core banks,  Oriflame has  with this  facility
secured its long-term financing. We now have the necessary  financing
in place for strategic purposes and to support our continued growth",
Gabriel Bennet, CFO at Oriflame Cosmetics S.A., comments.
The Facility is  co-ordinated by Nordea  and SEB, who  also acted  as
Bookrunners. DnB NOR ASA (Sweden Branch),  ING and The Royal Bank  of
Scotland plc  joined as  Mandated Lead  Arrangers. The  Facility  was
increased after a substantial  oversubscription. The following  banks
joined the Facility:

Nordea, Bookrunner
SEB, Bookrunner
DnB NOR ASA, Sweden Branch, Mandated Lead Arranger
ING, Mandated Lead Arranger
The Royal Bank of Scotland plc, Mandated Lead Arranger
Raiffeisen Zentralbank Österreich Aktiengesellschaft, Arranger
HSBC Bank plc, Arranger

For additional information, please contact:
Gabriel Bennet,
CFO                                                     +41 798
263 713
Patrik Linzenbold, Sen. Director IR
+46 765 42 27 09
Micael Ljunggren, SEB
                                           +46 70 772 32 17
Jonas B. Lind, Nordea
                                            +46 70 666 29 82

Oriflame Cosmetics is an international beauty company selling direct.
The company  began operations  in  1967 in  Sweden  and has  today  a
presence in 62 countries worldwide. Oriflame offers a wide  portfolio
of  Swedish,  natural,   innovative,  quality   beauty  products   at
affordable prices. To-date Oriflame has over 3.0 million  consultants
worldwide with  annual sales  of ¤1.3  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.

This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.


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