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Revlon Inc. Up Big on Debt Restructuring (REV)
Monday, November 2, 2009 - 9:28pm
Revlon, Inc. bolted 20% higher today after the company announced a restructuring and refinancing of one of its divisions 9.5% 2011 senior notes. This news also sparked a Moody's debt upgrade from B3 to B2. "While competitive activity for mass market cosmetics remains very high, Revlon's improved...
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