Editor
Oriflame Holding AG’s debt is sliding further into distressed territory after the cosmetics seller reported a drop in revenue and profit, with some bondholders consulting investment bank Moelis & Co. to assess their options.
Its $550 million notes due in 2026 lost nearly 3 cents on the dollar to 26 cents by 3 PM London time, according to pricing compiled by Bloomberg. Oriflame, which sells beauty and personal care products directly to…
