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Revlon Plans to Refinance Existing Credit Agreement

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By: TOM BRANNA

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Revlon, Inc. announced today that its wholly-owned operating subsidiary, Revlon Consumer Products Corporation (RCPC), plans to refinance its existing credit agreement as part of the company’s overall plans to improve cash flow and strengthen its balance sheet and capital structure. As part of the refinancing, RCPC expects to refinance and replace its existing $800 million term loan with a new 5-year $840 million term loan facility and amend its existing $160 million multi-currency revol...

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