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|Subject: Re: Need help||Date: 5/7/2005 5:22 PM|
|Author: uffnik||Number: 38259 of 46903|
I think I found the solution of my problem.
REVLON has announced that it will reduce 116,2 mio of 8 1/8 % Senior Notes and 75,5 mio 9% Senior Notes . For this reduction and to extend the maturities of other debt, REVLON has completed the offer of 310 mio new Senior Note at 9 1/2 % annual rate.
REV has therefore effected a convenant defeasance (sic!)
Thank you for reading,
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