By Wendy Van Sickle
Columbus, Ohio, May 14 – Oriflame Cosmetics SA issued €50 million of notes in a private placement, according to the company’s interim report for its first quarter ended March 31.
The private placement with international investor Pricoa occurred after the end of the first quarter.
The proceeds refinance the private placement loan due to mature during the third quarter and will be used for general corporate purposes.
Oriflame Cosmetics is a direct seller of beauty products. It is based in Malmo, Sweden.
Issuer: | Oriflame Cosmetics SA
|
Issue: | Notes
|
Amount: | €50 million
|
Announcement date: | May 14
|
Distribution: | Private placement
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.