Stock Market News
Revlon borrows $375 million in bankruptcy to shore up supply chain – court hearing
2022.06.17 20:50
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.