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The plan positions Revlon to emerge from bankruptcy in late April – consistent with the timeline announced at the beginning of the restructuring.
April 4, 2023
By: Lianna Albrizio
Associate Editor
The United States Bankruptcy Court for the Southern District of New York has confirmed Revlon Inc.’s reorganization plan, company officials announced today. The plan positions Revlon to emerge from bankruptcy in late April – consistent with the timeline announced at the beginning of the restructuring. As a result of the restructuring process and the plan, Revlon is expected to emerge with approximately $285 million of liquidity, to be funded through an equity rights offering...
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