The makeup company has two weeks to complete a $343 million bond swap or otherwise eliminate the notes. If it fails, it would trigger a $1 billion loan repayment in mid-November. Revlon lacks the liquidity to pay down the debt if investors balk at the exchange, forcing it to weigh options including a Chapter 11 filing to stay in business, according ...
Oct. 29, 2020, 12:07 PM
Perelman’s Cosmetics Empire Revlon Hinges on Finishing Debt Deal