Deals
Rodan & Fields Seeks New Capital as Oaktree Talks Stall
- The company tapped Jefferies to sound out financing options
- Its sales have been pressured by skincare competition
Rodan & Fields products
Photographer: Jerritt Clark/Getty ImagesThis article is for subscribers only.
Rodan & Fields has engaged Jefferies to explore financing options amid a sales slump, according to people with knowledge of the situation.
The multi-level marketing company has flexible credit agreements that would allow it to pursue various actions, such as moving assets to a subsidiary to raise new money, the people said.