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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: November 9, 2009
(Date of earliest event reported: November 9, 2009)
Revlon, Inc.
(Exact Name of Registrant as Specified in its Charter)
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Delaware
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1-11178
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13-3662955 |
(State or Other Jurisdiction
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(Commission File Number)
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(I.R.S. Employer Identification No.) |
of Incorporation) |
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237 Park Avenue |
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New York, New York
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10017 |
(Address of Principal Executive Offices)
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(Zip Code) |
(212) 527-4000
(Registrants telephone number, including area code)
None
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 8.01. Other Events.
On November 9, 2009, Revlon, Inc. issued a press release announcing that Revlon Consumer Products
Corporation, its wholly-owned operating subsidiary, intends to offer $330 million aggregate
principal amount of senior secured notes due 2015 in a private placement.
A copy of the press release is attached to this Form 8-K as Exhibit 99.1 and is incorporated by
reference into this Item 8.01.
Item 9.01. Financial Statements and Exhibits.
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Exhibit No. |
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Description |
99.1
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Press Release, dated November 9, 2009. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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REVLON, INC.
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By: |
/s/ Robert K. Kretzman
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Robert K. Kretzman |
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Executive Vice President, Human Resources, Chief
Legal Officer and General Counsel |
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Date: November 9, 2009
EXHIBIT INDEX
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Exhibit No. |
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Description |
99.1
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Press release, dated November 9, 2009. |
exv99w1
Exhibit 99.1
Revlon Announces Proposed Offering of Senior Secured Notes
NEW YORK,
November 9, 2009 Revlon, Inc. (NYSE: REV) announced today that its wholly-owned
operating subsidiary, Revlon Consumer Products Corporation (RCPC), intends to offer $330 million
aggregate principal amount of senior secured notes due 2015 (the notes), subject to market and
other customary conditions. It is expected that the notes will be guaranteed by Revlon, Inc. and
RCPCs domestic subsidiaries, which also currently guarantee RCPCs bank term loan agreement and
bank revolver agreement, and that the notes and the related guarantees will be secured, subject to
certain exceptions, by liens on the same collateral that secures RCPCs bank term loan agreement on
a second priority basis and liens on the same collateral that currently secures RCPCs bank
revolver agreement on a third-priority basis, subject to certain exceptions.
RCPC intends to use the net proceeds from the offering, together with other cash, to: (i) pay the
total tender offer consideration in connection with RCPCs previously-announced cash tender offer
to purchase any and all of the $340.5 million outstanding aggregate principal amount of its 91/2%
Senior Notes due April 2011 (the 91/2% Senior Notes); and (ii) pay the applicable premium and
accrued interest, along with related fees and expenses, on any 91/2% Senior Notes that may be
subsequently redeemed by RCPC following the tender offer.
The notes and the related guarantees will be offered only to qualified institutional buyers in
reliance on Rule 144A under the Securities Act of 1933, as amended (the Securities Act), and
outside the United States in compliance with Regulation S under the Securities Act. The notes and
the related guarantees will not be registered under the Securities Act, and may not be offered or
sold in the United States absent registration or an applicable exemption from registration
requirements.
This press release shall not constitute an offer to sell, or the solicitation of an offer to buy,
any securities, nor shall there be any sale of securities mentioned in this press release in any
state in which such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state.
About Revlon
Revlon is a worldwide cosmetics, hair color, beauty tools, fragrances, skincare,
anti-perspirants/deodorants and beauty care products company. The Companys vision is to provide
glamour, excitement and innovation to consumers through high-quality products at affordable prices.
Websites featuring current product and promotional information can be reached at
www.revlon.com, www.almay.com and www.mitchumman.com. Corporate and
investor relations information can be accessed at www.revloninc.com. The Companys brands,
which are sold worldwide, include Revlon®, Almay®, ColorSilk®,
Mitchum®, Charlie®, Gatineau® and Ultima II®.
Forward-Looking Statements
Statements made in this press release, which are not historical facts, including statements about
the plans of Revlon, Inc. and RCPC (together, the Company) and their strategies, focus, beliefs
and expectations, are forward-looking and subject to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements speak only as of the date they
are made and, except for the Companys ongoing obligations under the U.S. federal securities laws,
the Company undertakes no obligation to publicly update any forward-looking statement, whether to
reflect actual results of operations; changes in financial condition; changes in general U.S. or
international economic, industry or cosmetics category conditions; changes in estimates,
expectations or assumptions; or other circumstances, conditions, developments or events arising
after the issuance of this press release. Such forward-looking statements include, without
limitation, the Companys beliefs, expectations, focus and/or plans regarding future events,
including RCPCs plans to conduct the proposed offering of the notes and related guarantees to
refinance all of the $340.5 million outstanding aggregate principal amount of its 91/2% Senior Notes
and to: (i) pay the total tender offer consideration in connection with its previously-announced
tender offer; and (ii) pay the applicable premium and accrued interest, along with related fees and
expenses, on any 91/2% Senior Notes that may be subsequently redeemed by RCPC following the tender
offer. Actual results may differ materially from such forward-looking statements for a number of
reasons, including those set forth in the Companys filings with the SEC, including the Companys
Annual Report on Form 10-K for the fiscal year ended December 31, 2008, Quarterly Reports on Form
10-Q and Current Reports on Form 8-K filed with the SEC during 2009 (which may be viewed on the
SECs website at http://www.sec.gov or on Revlon, Inc.s website at http://www.revloninc.com), as
well as reasons including difficulties, delays, unexpected costs or the inability of RCPC to
consummate the proposed offering of the notes and the related guarantees or to refinance all of the
$340.5 million outstanding aggregate principal amount of its 91/2% Senior Notes. Factors other than
those referred to above could also cause the Companys results to differ materially from expected
results. Additionally, the business and financial materials and any other statement or disclosure
on, or made available through, the Companys websites or other websites referenced herein shall not
be incorporated by reference into this release.
Contacts
Revlon, Inc.
Steven Berns, +1-212-527-5181
Executive Vice President and Chief Financial Officer
Source: Revlon, Inc.