Gibson Dunn Advised Ad Hoc Group of Noteholders to Oriflame on Comprehensive Recapitalization Transaction

Firm News  |  January 5, 2026


Gibson Dunn advised an ad hoc group of noteholders to Oriflame on its comprehensive recapitalization transaction. The fully consensual transaction involved a strategic approximately €520 million balance sheet deleveraging and significant injection of new capital, together with meaningful maturity extensions. 

Our London restructuring team was led by partners Christopher Howard and Matthew Squire and included associates Nick Gilvear and Yinn Lim.

Partner Kavita Davis and associate Tom Capper advised on financing; partner Hugo Hernández-Mancha on capital markets; partners Sandy Bhogal and James Chandler and associate Jason Richards on tax matters; and partner Michelle Kirschner, of counsel Martin Coombes, and associate Saad Khan on financial regulatory matters.