Citi Wants Revlon Lenders To Return $900M Paid In Error
PYMNTS
AUGUST 14, 2020
District Court in New York accused Revlon of moving valuable brand assets beyond the reach of lenders in order to use them as collateral for other creditors. Revlon has been fighting with Brigade Capital Management LP, HPS Investment Partners LLC and Symphony Asset Management, the lenders holding the loan.
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