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 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.


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