Revlon amends DIP financing package to extend RSA milestone again

By Sarah Lizee

Olympia, Wash., Dec. 14 – Revlon, Inc. amended its $1.425 billion debtor-in-possession financing package to again extend the deadline for the company to enter into an acceptable restructuring support agreement, according to an 8-K filing with the Securities and Exchange Commission.

The milestone was extended to Dec. 16 from Dec. 14. As previously reported, the deadline was originally Nov. 15.

The deadline to file a Chapter 11 plan of reorganization and disclosure statement was also extended to Dec. 16.

The company said it is still on track to emerge from bankruptcy by April 15.

The hair color products and cosmetics company is based in New York. The company filed bankruptcy on June 15 under Chapter 11 case number 22-10760.

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