The PDF server is offline. Please try after sometime.

Ashurst advised new client Oriflame Holding AG, a leading beauty company selling direct in more than 60 countries, in relation to its new €160 million revolving credit facility provided by HSBC, ING, BBVA, BNP Paribas and UBS. 

The new five-year facility (with two one-year extension options at the banks' discretion) replaces the group's existing €110 million Facility (signed in April 2015). The facility will be used for general corporate purposes, primarily to cover for quarterly cash flow fluctuations within the calendar year. 

The Ashurst banking team was led by partner Nicholas Moore, assisted by senior associates Briony Holcombe and Giorgia Sosio de Rosa. Corporate partner Isabelle Lentz, assisted by counsel Paul Witte, provided Luxembourg law advice. Disputes partner Tom Cummins also advised.


Key Contacts

We bring together lawyers of the highest calibre with the technical knowledge, industry experience and regional know-how to provide the incisive advice our clients need.

Keep up to date

Sign up to receive the latest legal developments, insights and news from Ashurst.  By signing up, you agree to receive commercial messages from us.  You may unsubscribe at any time.

Sign up
Get Started

        Forgot Password - Ashurst Account

        If you have forgotten your password, you can request a new one here.


        Forgot password? Please contact your relationship manager to find out more about our client portal.
        Ashurst Loader