Revlon starts roadshow for $400 million seven-year notes via Citigroup

By Paul A. Harris

St. Louis, May 3 - Revlon Consumer Products Corp. began a roadshow Monday for a $400 million offering of seven-year senior unsecured notes (CCC), according to an informed source.

The deal is expected to price on May 12.

Citigroup is the physical bookrunner on the Rule 144A offering. Joint bookrunners are expected to emerge.

Proceeds will be used to fund the tender for the company's 12% senior secured notes due 2005, its 8 1/8% senior notes due 2006, and its 9% senior notes due 2006.

The issuer is a subsidiary of New York cosmetics company Revlon Inc.

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