Revlon Bonds Are in the Tank. It’s a Bad Sign for the High-Flying Stock.

Revlon Bonds Are in the Tank. It’s a Bad Sign for the High-Flying Stock.

Text size Revlon hair products are shown at a Houston Walmart this month. Brandon Bell/Getty Images A disconnect has emerged between Revlon ’s surging stock and the depressed bonds of the bankrupt cosmetics company. Some Revlon debt trades at distressed levels of around 10 cents on the dollar, indicating pessimism among fixed-income investors about the …

Revlon Bonds Are in the Tank. It’s a Bad Sign for the High-Flying Stock. Read More »