Company News, Financial News

Revlon Raises Funds for Arden Purchase

Completes $450 million offering

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By: TOM BRANNA

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Revlon Escrow Corporation, an arm of Revlon Inc., has completed its previously announced private offering of $450 million aggregate principal amount of 6.25% senior unsecured notes due August 1, 2024. The Escrow Issuer is a wholly owned subsidiary of Revlon Consumer Products Corporation, Revlon’s wholly owned operating subsidiary. Revlon intends to intends to use the net proceeds from the offering of the notes to finance, in part, the company’s pending acquisition of Elizabeth Arden, Inc., ...

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