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Stock Market News

Revlon borrows $375 million in bankruptcy to shore up supply chain – court hearing

06/17/2022

Less than a minute

2022.06.17 20:50

Revlon borrows $375 million in bankruptcy to shore up supply chain - court hearing
Revlon signage is seen on display in a Boots store in London, Britain, June 16, 2022. REUTERS/Hannah McKay

(Reuters) – Revlon Inc received permission to borrow $375 million in bankruptcy court on Friday, saying it would use the initial loan to shore up supply chain problems that would otherwise imperil fourth quarter holiday sales.

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06/17/2022

Less than a minute