Company News

Revlon Secures New $960 Million Bank Facility

Author Image

By: TOM BRANNA

Editor

Revlon, Inc. and its wholly-owned subsidiary, Revlon Consumer Products Corporation (RCPC), have consummated a new $960 million credit facility from Citicorp USA, Inc. and Citigroup Global Markets Inc. and a syndicate of lenders. Executives said the new credit facility and related refinancing transactions, which extend the maturity of much of the company’s debt that would have otherwise matured in 2005. The company also gave a tender offer for its 12% Senior Secured Notes due 2005....

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