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URL:  http://boards.fool.com/hi-emiller8988-i-think-i-found-the-solution-of-my-22458943.aspx

Subject:  Re: Need help Date:  5/7/2005  5:22 PM
Author:  uffnik Number:  38259 of 46834

Hi emiller8988

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,
uffnik
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