Revlon to redeem $109.7 million 8 5/8% notes

By Jennifer Chiou

New York, March 23 - Revlon, Inc. announced its subsidiary, Revlon Consumer Products Corp., will redeem $109.7 million of its 8 5/8% senior subordinated notes due 2008.

The company will redeem the notes at 100% plus accrued interest up to but excluding the redemption date, April 21.

The company must redeem the notes because of a requirement under its bank credit agreement.

U.S. Bank NA is the trustee.

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

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