S&P gives Revlon notes B

Standard & Poor's said it assigned its B senior unsecured debt rating to Revlon Consumer Products Corp.'s proposed $400 million senior unsecured notes due 2021.

The recovery rating on the notes is 5.

S&P said its ratings on Revlon reflect the view that the company's financial risk profile continues to be "aggressive," based on its aggressive financial policy and still-high leverage, despite its positive free cash flow generation and improved credit measures over the past few years.

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