Revlon Consumer Products prepays $100 million term loan debt with 9½% note offering proceeds

By Caroline Salls

Pittsburgh, March 16 - Revlon Inc. said wholly owned subsidiary Revlon Consumer Products Corp. prepaid $100 million of debt outstanding under its term loan using proceeds from its $310 million offering of 9½% senior notes due 2011.

Revlon Consumer Products also used the proceeds to pay the accrued interest and prepayment fees associated with the debt payment.

Revlon is a New York-based cosmetics, skin care, fragrance and personal care products company.

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