Cosmetics

Revlon Bonds Are in the Tank. It’s a Bad Sign for the High-Flying Stock.

Revlon Bonds Are in the Tank. It’s a Bad Sign for the High-Flying Stock.

Text size Revlon hair products are shown at a Houston Walmart this month. Brandon Bell/Getty Images A disconnect has emerged between Revlon ’s surging stock and the depressed bonds of the bankrupt cosmetics company. Some Revlon debt trades at distressed levels of around 10 cents on the dollar, indicating pessimism among fixed-income investors about the …

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Cosmetics maker Revlon nears chapter 11 filing

Cosmetics maker Revlon nears chapter 11 filing

Check out what’s clicking on FoxBusiness.com. Revlon Inc. is preparing to file for chapter 11 protection as soon as next week after struggling for years with too much debt, stiff competition in the cosmetics business and more recent inflation and supply-chain pressures, people familiar with the matter said. The cosmetics maker, owned by billionaire Ron …

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