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| Revlon Consumer Products Corporation Extends Exchange Offer |
NEW YORK, May 5 /PRNewswire/ -- Revlon Consumer Products Corporation has
extended its offer to the holders of $250 million principal amount of its
8-1/8% Senior Notes due 2006 to exchange such notes for a like principal
amount of its 8-1/8% Senior Exchange Notes due 2006, which have been regis-
tered under the Securities Act of 1933, and to the holders of $650 million
principal amount of its 8-5/8% Senior Subordinated Notes due 2008 to exchange
such notes for a like principal amount of its 8 5/8% Senior Subordinated
Exchange Notes due 2008, which have also been registered under the Securities
Act of 1933. The exchange offer, originally scheduled to expire today at
5:00 p.m. eastern daylight time, will expire at 5:00 p.m., eastern daylight
time, on Thursday, May 7, 1998, unless extended. All other terms, provisions
and conditions contained in the exchange offer will remain in full force and
effect.
U.S. Bank Trust National Association has been appointed as exchange agent
for the exchange offer. Requests for assistance or documents should be
directed to U.S. Bank Trust National Association at 612-244-1197.
Revlon Consumer Products Corporation said it has been informed by the ex-
change agent that, as of 5:00 p.m., eastern daylight time, on May 5, 1998,
approximately $227.2 million in aggregate principal amount of its
8-1/8% Senior Notes due 2006 and $645.9 million in aggregate principal amount
of its 8-5/8% Senior Subordinated Notes due 2008 had been tendered in the
offer. These amounts represent approximately 90.9% of the outstanding 8-1/8%
Senior Notes due 2006 and 99.4% of the outstanding 8-5/8% Senior Subordinated
Notes due 2008, respectively.
Revlon Consumer Products Corporation is the wholly owned subsidiary of
Revlon, Inc. (NYSE: REV).
SOURCE Revlon Consumer Products Corporation
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