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Ron Perelman’s Revlon Nears Bondholder Deal to Survive Pandemic

Ron Perelman’s Revlon Nears Bondholder Deal to Survive Pandemic

Revlon Inc. is nearing an agreement with investors that would save the long-struggling company from bankruptcy as masked-up, stuck-at-home Americans b

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Revlon Inc. is nearing an agreement with investors that would save the long-struggling company from bankruptcy as masked-up, stuck-at-home Americans buy less lipstick, blush and nail polish.

The New York-based cosmetics company is nearing the completion of a bond exchange that would help it narrowly avoid a chapter 11 filing, though Revlon still needs to corral more investors that haven’t given their support.

Backed…

This post first appeared on wsj.com

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