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Clients rely on our Finance Group to help them navigate the business and legal complexities of novel and multi-dimensional debt financing transactions. Our versatile finance practitioners work closely with our mergers and acquisitions, securities, tax, real estate and bankruptcy lawyers to provide seamless advice and innovative solutions that address our clients' debt financing needs related to all types of transactions and capital structures.

Revlon Obtains $200 Million in Financing

Paul, Weiss advised Revlon, Inc. in obtaining a $200 million senior secured term loan from funds managed by global alternative asset manager Ares Management Corporation. The security for Ares included a pari passu lien over the collateral securing Revlon’s existing credit facilities. In addition, Revlon contributed its intellectual property used in the American Crew business to a bankruptcy-remote special purpose vehicle, and granted a first-priority lien over this intellectual property to Ares as a separate credit support. Revlon will use the net proceeds for general corporate purposes.

The Paul, Weiss team included corporate partners Lawrence Wee, David Carmona, Thomas de la Bastide and Robert Zochowski; tax counsel Todd Hatcher; and intellectual property partner Claudine Meredith-Goujon.

August 9, 2019

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