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[$$] Revlon Aims to Refinance $500 Million in 2021 Bonds This Year

To buy itself more runway, Revlon earlier this month said the maturity on a $41 million tranche of a revolving credit facility had been extended from April 2019 to April 2020. Late Monday Revlon said it had found a “material weakness” in its internal controls over its financial reporting. Revlon has been underperforming, and its loss of shelf space at retailers needs to end or at least slow, Jefferies LLC analyst Stephanie Wissink said in a report Tuesday.