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Completes $450 million offering
August 5, 2016
By: TOM BRANNA
Editor
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., which is expected to close by the end of 2016.
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