FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


MidCap Financial Closes $325MM Senior Revolving Credit Facility for Revlon

May 17, 2023, 08:00 AM
Filed Under: Consumer Products

MidCap Financial provided a $325 million senior revolving credit facility to Revlon Intermediate Holdings IV LLC. in connection with Revlon’s successful emergence from Chapter 11. The MidCap Financial credit facility is part of a successful in-court financial restructuring of the Company which will support Revlon’s future growth. Proceeds from the credit facility were used to refinance the Company’s prior debtor-in-possession credit facility, which MidCap Financial agented, and support Revlon’s ongoing working capital needs.

Revlon is a leading global beauty company dealing in cosmetics, skin care, fragrance, and personal care. Since its breakthrough launch of the first opaque nail enamel in 1932, Revlon has provided consumers with high quality product innovation, performance and sophisticated glamour. In 2016, Revlon acquired the iconic Elizabeth Arden Company and its portfolio of brands, including its leading designer, heritage and celebrity fragrances. Today, Revlon's diversified portfolio of brands is sold in approximately 150 countries around the world in most retail distribution channels, including prestige, salon, mass, and direct to consumer.

Week's News

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.