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Revlon Announces Bank Amendments and Launch of Cash Tender Offer for Outstanding 9½% Senior Notes
Fri 5:51 pm ET (Business Wire)
NEW YORK----Revlon, Inc. today announced that its wholly-owned operating subsidiary, Revlon Consumer Products Corporation , has received all of the required lender consents to amend its bank term loan credit agreement and bank revolver credit agreement to permit RCPC to conduct certain refinancing transactions on a variety of terms and conditions, including terms that would permit RCPC to seek to refinance its 9½% Senior Notes due April 2011 on a secured basis.
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| Market Capitalization: | 281B | | Price
/ Earnings: | 16.5 | | Price
/ Book: | -11.7 | | Net
Profit Margin (mrq): | 12.1% | | Price
To Free Cash Flow (mrq): | 60.7 | | Return
on Equity: | 21.3% | | Total
Debt / Equity: | 0.0 | | Dividend
Yield: | 2.8% |
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