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Investors Wary Of Perelman’s Revlon Refi
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Investors Wary Of Perelman’s Revlon Refi
March 03, 2010
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--Katherine Greene
Some investors are shunning the $940 million Revlon deal making the rounds in the market, harboring old grudges against Revlon boss Ron Perelman. The deal is a refinancing of its existing credit facility, comprising a $140 million revolver and an $800 million term loan. Price talk adds a 2% LIBOR floor to the facility, which is currently priced at LIBOR ...
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