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Revlon files for bankruptcy protection amid heavy debt load

Por: WPLG Local 10 Business September 24, 2022

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NEW YORK – Revlon, the 90-year-old multinational beauty company, has filed for Chapter 11 bankruptcy protection, weighed down by debt load, disruptions to its supply chain network and surging costs.The New York-based company said it expects to receive $575 million in financing from its existing lenders, which will allow it to keep its day-to-day operations running.None of Revlon’s international operating subsidiaries are included in the... + full article



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