Finance

Oriflame refinances credit facility

Oriflame refinances credit facility

By Andrew MCDOUGALL

Swedish manufacturer Oriflame Cosmetics has signed a new €110m Revolving Credit Facility replacing the existing €330m facility, and has adjusted its reduced debt levels accordingly.

EU invests €7.75 million in SME innovation studies

EU invests €7.75 million in SME innovation studies

By Michelle Yeomans

The European Union has announced that funding worth €7.75 million will be given to 155 small and medium-sized enterprises from 21 countries, including Israel and Turkey, for innovation studies.

Symrise secures finance for Diana acquisition with €500 million bond

Symrise secures finance for Diana acquisition with €500 million bond

By Lucy Whitehouse

German scents and flavours group Symrise is now all set to buy France's Diana Group, having successfully issued a bond, whose €500 million value as part of a ‘comprehensive financing concept’ means the company’s finances are now in shape for the...

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