Revlon $400 million seven-year notes price talk 10¼%-10½%, to price Wednesday

By Paul A. Harris

St. Louis, May 10 - Price talk of 10¼% to 10½% was heard Monday on Revlon Consumer Products Corp.'s proposed $400 million offering of seven-year senior unsecured notes (CCC), according to an informed source.

The deal is expected to price on Wednesday.

Citigroup is the bookrunner on the Rule 144A offering.

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 City-based cosmetics company Revlon Inc.

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