BRIEF-Revlon Consumer Products Corp Enters Commitment Letter With Midcap Financial Trust

Reuters2023-04-26

April 25 (Reuters) - Revlon Inc :

* REVLON INC: ON APRIL 24, REVLON CONSUMER PRODUCTS CORP ENTERED COMMITMENT LETTER WITH MIDCAP FINANCIAL TRUST

* REVLON INC: MIDCAP FINANCIAL TRUST HAS COMMITTED TO PROVIDE SENIOR SECURED ASSET-BASED REVOLVING LOAN FACILITY WITH AGGREGATE AMOUNT OF UP TO $325 MILLION

* REVLON - ON APRIL 21, DEBTORS AMENDED DIP ABL CREDIT AGREEMENT TO EXTEND REQUIRED MILESTONE DATE FOR OCURRENCE OF REORGANIZATION PLAN TO MAY 31

* REVLON INC- MIDCAP EXIT FACILITY TO MATURE EITHER ON 3 YEARS FROM CLOSING DATE AND 91 DAYS PRIOR TO MATURITY OF CO’S TERM LOAN EXIT FINANCING

Source: () Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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