The cosmetics maker said one of its units will offer $330 million of senior secured notes due in 2015. Revlon Consumer Products Corp. will use the proceeds to help pay for a previously announced tender offer. Separately, BMO Capital Markets raised its rating on Revlon shares to “outperform,’’ citing the company’s earnings outlook and financial condition. The stock has more than doubled this year.
© Copyright 2009 Globe Newspaper Company.
