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Revlon Asks for Loan Assistance

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By: TOM BRANNA

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Revlon was forced to extend the deadline on $80.5 million worth of notes at a higher interest rate last week. The company is continuing to seek amendments or waivers from lenders to keep it from falling out of compliance with current credit agreements. This is in addition to several loans including a $100 million loan from owner Ronald Perlman’s MacAndrews & Forbes Holdings Inc. this year.Revlon Holdings LLC filed a prospectus with the Securities and Exchange Commission to exchange se...

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