02.10.2013 23:54:00

Revlon Consumer Products Corporation -- Moody's says Revlon's CEO transition does not affect ratings or negative outlook

New York, October 02, 2013 -- Moody's Investors Service said Revlon Consumer Products Corporation's (Revlon) announcement that it plans to appoint a new Chief Executive Officer does not affect the company's Ba3 Corporate Family Rating (CFR) or negative rating outlook. The change comes at a sensitive time for Revlon and leaves some uncertainty about long-term leadership, but will likely better position it to integrate and take advantage of commercial opportunities relating to the pending $660 million acquisition of The Colomer Group (TCG). For additional information, see Moody's issuer comment on Revlon available on Moodys.com.

Vollständigen Artikel bei Moodys lesen