A turbulent year for Revlon. It does you grieve four days, his creditors ensured that the course that expected to the company no to augurar a good presage, is more, affirmed in diverse occasions, that after the failure of Revlon, the company directed to the disaster.
During the day of yesterday, Revlon received the permission of a judge of failures, David Jones, of the United States, authorising to the company so that it could access to a loan that rose until the quantity of $1,4 billion, still knowing the opinion that the creditors manifested few days backwards.
This operation contains small letter also for Revlon, since with the acceptance of this prestamo, the giant of the cosmetic of U.S. has to engage to go out of the failure in April of 2023.
On 27 July, Reuters communicated that the creditors of the company oponían to the loan put that doubted of if the real value of Revlon exceeded the one of the debt that had to asumidor the company. Besides, the committee that oponía to this transaction by part of the coalition of lenders BrandCo Lenders, explained that in another operation made in 2020 to save the company, had "desplumado" to other creditors of Revlon.