Company News

Revlon Announces Debt Refinancing

Author Image

By: TOM BRANNA

Editor

Revlon Inc.’s subsidiary, Revlon Consumer Products Corporation, has signed an agreement with Citicorp USA, Inc. and Citigroup Global Markets Inc. for a fully committed financing to refinance and extend to 2010 the maturities on the company’s debt that matures in 2005. The refinancing transactions follow the consummation in March 2004 of Revlon’s successful exchange offers, which reduced debt and increased equity by more than $800 million, executives said.“Revlon continues...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters