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Oriflame Secures Bondholder Consent for Recapitalisation of US$800m Notes
THE WHAT? Oriflame Investment Holding Plc has secured the required bondholder consent to amend the terms of its senior secured debt, clearing a key step in its recapitalisation process. THE DETAILS The beauty company received valid and unrevoked consents from holders representing 98.40% of its US$550 million 5.125% senior secured notes due 2026 and…