BRIEF-Revlon Announces Confirmation Of Plan Of Reorganization

Reuters

Apr 04, 2023

April 4 (Reuters) - Revlon Inc :

* REVLON ANNOUNCES CONFIRMATION OF PLAN OF REORGANIZATION

* REVLON INC - BANKRUPTCY COURT APPROVES PLAN TO REDUCE DEBT BY MORE THAN $2 BILLION

* REVLON INC - EXIT FROM CHAPTER 11 ON TRACK FOR LATE APRIL

* REVLON INC - BANKRUPTCY COURT APPROVES PLAN TO REDUCE DEBT BY MORE THAN $2 BILLION

* REVLON INC - AS A RESULT OF RESTRUCTURING PROCESS AND PLAN, REVLON IS EXPECTED TO EMERGE WITH APPROXIMATELY $285 MILLION OF LIQUIDITY

* REVLON INC - MAJORITY OF COMPANY'S EQUITY WILL BE OWNED BY ITS FORMER LENDERS

* REVLON INC - UNDER TERMS OF PLAN, REVLON WILL EMERGE AS A PRIVATE COMPANY

Source text for Eikon: Further company coverage:

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