XML 97 R69.htm IDEA: XBRL DOCUMENT v3.20.4
DEBT - 2020 BrandCo Refinancing Transactions (Details) - USD ($)
5 Months Ended 6 Months Ended 12 Months Ended
Nov. 13, 2020
Nov. 10, 2020
May 28, 2020
May 07, 2020
Sep. 30, 2020
Jun. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Oct. 23, 2020
Dec. 31, 2017
Aug. 04, 2016
Debt Instrument [Line Items]                      
Paid-in-kind interest expense on the 2020 BrandCo Facilities             $ 10,800,000 $ 0      
Aggregate principal amount rolled-up             846,000,000.0 0      
Revlon Consumer Products Corporation                      
Debt Instrument [Line Items]                      
Paid-in-kind interest expense on the 2020 BrandCo Facilities             10,800,000 0      
Aggregate principal amount rolled-up             846,000,000.0 0      
2020 BrandCo Facility due 2025 | Revlon Consumer Products Corporation                      
Debt Instrument [Line Items]                      
Aggregate principal amount       $ 200,000,000              
2020 BrandCo Facility due 2025 | Revlon Consumer Products Corporation | Secured debt                      
Debt Instrument [Line Items]                      
Aggregate principal amount outstanding       $ 815,000,000.0   $ 910,600,000          
Proceeds from long-term lines of credit     $ 65,000,000.0                
Paid-in kind fees           29,100,000          
Paid-in-kind interest expense on the 2020 BrandCo Facilities           $ 1,500,000          
Covenant springing maturity, number of days prior to the maturity date       91 days              
Covenant springing maturity threshold amount, minimum one       $ 100,000,000              
Debt Issuance costs       $ 119,300,000              
2020 BrandCo Facility due 2025 | Revlon Consumer Products Corporation | Secured debt | LIBOR                      
Debt Instrument [Line Items]                      
Variable rate floor       1.50%              
Basis spread on variable interest rate       10.50%              
Basis spread on variable rate, payment In kind       2.00%              
Roll-up BrandCo Facility due 2025 | Revlon Consumer Products Corporation | Secured debt                      
Debt Instrument [Line Items]                      
Maximum borrowing capacity       $ 950,000,000              
Roll-up BrandCo Facility due 2025 | Revlon Consumer Products Corporation | Secured debt | LIBOR                      
Debt Instrument [Line Items]                      
Variable rate floor       0.75%              
Basis spread on variable interest rate       3.50%              
Junior Roll-up BrandCo Facility due 2025 | Revlon Consumer Products Corporation | Secured debt                      
Debt Instrument [Line Items]                      
Maximum borrowing capacity       $ 3,000,000.0              
Junior Roll-up BrandCo Facility due 2025 | Revlon Consumer Products Corporation | Secured debt | LIBOR                      
Debt Instrument [Line Items]                      
Variable rate floor       0.75%              
Basis spread on variable interest rate       3.50%              
Roll-up and Junior Roll-up BrandCo Facilities due 2025 | Revlon Consumer Products Corporation | Secured debt                      
Debt Instrument [Line Items]                      
Aggregate principal amount outstanding         $ 846,000,000.0   846,000,000.0        
Aggregate principal amount rolled-up         846,000,000.0            
Remaining borrowing capacity         $ 107,000,000.0            
2019 Term Loan Facility due 2023                      
Debt Instrument [Line Items]                      
Repayments of senior debt [1]             200,000,000.0        
2019 Term Loan Facility due 2023 | Revlon Consumer Products Corporation                      
Debt Instrument [Line Items]                      
Repayments of senior debt       $ 200,000,000     $ 200,000,000.0 [2]        
6.25% Senior Notes due 2024                      
Debt Instrument [Line Items]                      
Stated interest rate (as a percent)             6.25%        
6.25% Senior Notes due 2024 | Revlon Consumer Products Corporation                      
Debt Instrument [Line Items]                      
Aggregate principal amount outstanding             $ 431,300,000        
Stated interest rate (as a percent)             6.25%       6.25%
Aggregate principal amount                   $ 450,000,000 $ 450,000,000
Debt conversion, original debt amount $ 18,700,000                    
Future interest payments included in restructured debt 8,700,000                    
5.75% Senior Notes due 2021                      
Debt Instrument [Line Items]                      
Repayments of senior debt             $ 281,400,000 0      
Stated interest rate (as a percent)             5.75%        
5.75% Senior Notes due 2021 | Revlon Consumer Products Corporation                      
Debt Instrument [Line Items]                      
Repayments of senior debt             $ 281,400,000 0      
Stated interest rate (as a percent)             5.75%   5.75%    
Debt conversion, original debt amount 236,000,000 $ 236,000,000                  
Future interest payments included in restructured debt 50,500,000                    
2020 New BrandCo Second-Lien Term Loans due 2025                      
Debt Instrument [Line Items]                      
Paid-in kind fees             $ 17,500,000 0      
2020 New BrandCo Second-Lien Term Loans due 2025 | Revlon Consumer Products Corporation                      
Debt Instrument [Line Items]                      
Paid-in kind fees 17,500,000           17,500,000 0      
Aggregate principal amount rolled-up 10,000,000.0                    
Aggregate principal amount 75,000,000               $ 75,000,000    
Gain on restructured debt 0                    
2020 New BrandCo Second-Lien Term Loans due 2025 | Revlon Consumer Products Corporation | Supporting BrandCo Lenders                      
Debt Instrument [Line Items]                      
Aggregate principal amount 12,500,000                    
2020 New BrandCo Second-Lien Term Loans due 2025 | Revlon Consumer Products Corporation | All BrandCo Lenders                      
Debt Instrument [Line Items]                      
Aggregate principal amount 5,000,000.0                    
2020 BrandCo Term Loan Facility due 2025                      
Debt Instrument [Line Items]                      
Proceeds from long-term lines of credit             880,000,000.0 0      
Paid-in kind fees             29,100,000 0      
2020 BrandCo Term Loan Facility due 2025 | Revlon Consumer Products Corporation                      
Debt Instrument [Line Items]                      
Proceeds from long-term lines of credit             880,000,000.0 0      
Paid-in kind fees             29,100,000 $ 0      
2020 BrandCo Term Loan Facility due 2025 | Revlon Consumer Products Corporation | All BrandCo Lenders                      
Debt Instrument [Line Items]                      
Fees and expenses incurred $ 2,500,000                    
2020 BrandCo Term Loan Facility due 2025 | Revlon Consumer Products Corporation | Secured debt                      
Debt Instrument [Line Items]                      
Aggregate principal amount outstanding             $ 1,868,400,000        
[1] The Company fully repaid the 2019 Term Loan Facility in May 2020.
[2] The Company fully repaid the 2019 Term Loan Facility in May 2020.