Revlon announces $400 million eight-year notes offering backing Elizabeth Arden acquisition

By Paul A. Harris

Portland, Ore., July 19 – Revlon Inc. announced in a Tuesday press release that its wholly owned subsidiary, Revlon Consumer Products Corp., plans to sell $400 million of eight-year senior notes via Rule 144A and Regulation S.

Proceeds will be used to help fund the acquisition of Elizabeth Arden Inc., expected to close by the end of the year.

Debt financing for the acquisition is being led by Citigroup Global Markets Inc. and BofA Merrill Lynch.

Revlon is a New York-based consumer products company.

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