Revlon Inc. (REV) said that its wholly-owned operating subsidiary, Revlon Consumer Products Corp., intends to offer $330 million of senior secured notes due 2015, subject to market and other customary conditions.
It is expected that the notes will be guaranteed by Revlon Inc. and Revlon Consumer Products or RCPC's domestic subsidiaries.
RCPC said it intends to use the net proceeds from the offering, together with other cash, to pay the total tender offer consideration in connection with RCPC's cash tender offer to purchase any and all of the $340.5 million of its 91/2% senior notes due April 2011, and pay the applicable premium and accrued interest, along with related fees and expenses, on any 91/2% senior notes that may be subsequently redeemed by RCPC following the tender offer.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.