Redemption: 2023-05-04; Registration: 144A/Reg S; Redemption: 2022-05-04; Registration: 144A/Reg S;

04/22/21 Oriflame Investment Holding Plc (ORIFLM) EUR709m equivalent (US$/EUR) 144A/Reg S sr sec notes 2-part. B1/B+/BB- (stable/stable/stable). Via GS/SEB jt glocos and physical books/HSBC jt books, ING as co-manager. List ISE, NY law. No reg rights. trade date 04/22. Settles 05/04. - USD550m fixed-rate notes due 05/04/26 (5y). NC2 (MWC T+50bp), then at 102.563, 101.281, 100. Equity claw: 2y: 40% at 105.125. 144A CUSIP: 68621CAA7. IPT: mid 5% area. Final px: 5.125%. Priced: 5.125% at 100. - EUR250m FRN due 05/04/26 (5y). NC1 (MWC B+50bp), then at 101, 100. Reg S ISIN: XS2337349265. IPT: E+450-475bp. Final px: 3moE+425bp. Priced: 3mE+425bp (0% floor) at 100. Roadshow 04/19-21 (investor call at 2pm UKT 04/19). UOP: along with EUR96m cash on hand, to redeem EUR797m existing notes (EUR475m euro notes, plus EUR24m MWC premium and US$335m dollar notes , plus USD22.1m MWC premium). Biz: international direct selling of beauty products. HQ: Schaffhausen, Switzerland.