Revlon, Inc. Announces Regular Dividend on its Series A Preferred Stock

Fri Mar 15, 2013 4:15pm EDT

* Reuters is not responsible for the content in this press release.

NEW YORK--(Business Wire)--
As previously disclosed, Revlon, Inc. (NYSE: REV) issued 9,336,905 shares of
Series A Preferred Stock (CUSIP No. 761525 708) on October 8, 2009. Pursuant to
the terms of the Certificate of Designation for the Series A Preferred Stock,
each share of Series A Preferred Stock is entitled to receive, when and if
declared by Revlon's Board of Directors out of legally available funds,
cumulative preferential dividends at an annual rate of 12.75% of the $5.21 per
share liquidation preference (the "Regular Dividends"). 

The Regular Dividends are payable quarterly in cash in arrears on October 8,
January 8, April 8 and July 8 of each year, or the next business day if such
date is not a business day, if declared. The Series A Preferred Stock is
mandatorily redeemable on October 8, 2013. The full terms and conditions of the
Series A Preferred Stock are set forth in the Certificate of Designation for the
Series A Preferred Stock, which Revlon filed with the SEC on October 8, 2009. 

Revlon announced today that its Board of Directors has declared a Regular
Dividend of $0.163794 per share on the Series A Preferred Stock for the period
from January 9, 2013 through April 8, 2013 (representing a 90-day period). 

The Regular Dividend referred to in this press release is payable on April 8,
2013 to holders of record of the Series A Preferred Stock at the close of
business on March 28, 2013. 

About Revlon

Revlon is a global color cosmetics, hair color, beauty tools, fragrances,
skincare, anti-perspirant deodorants and beauty care products company whose
vision is Glamour, Excitement and Innovation through high-quality products at
affordable prices. Revlon is one of the strongest consumer brand franchises in
the world. Revlon`s global brand portfolio includes Revlon color cosmetics,
Almay color cosmetics, SinfulColors color cosmetics, Pure Ice color cosmetics,
Revlon ColorSilk hair color, Revlon beauty tools, Charlie fragrances, Mitchum
anti-perspirant deodorants, and Ultima II and Gatineau skincare. Websites
featuring current product and promotional information can be reached at, and Corporate and investor
relations information can be accessed at

Revlon, Inc.
Investor Relations & Media:
Elise Garofalo, 212-527-5264
Senior Vice President, Treasurer & Investor Relations

Copyright Business Wire 2013