S&P: Revlon view up to stable

Standard & Poor's said it revised its outlook on Revlon Consumer Products Corp. to stable from negative.

At the same time, S&P said it affirmed all of Revlon's ratings, including its B- corporate credit rating, senior secured bank loan at B-, senior unsecured debt at CCC and senior subordinated debt at CCC.

S&P said the rating on Revlon reflects its participation in the highly competitive mass-market cosmetics industry, its high leverage and its inconsistent operating history, adding that these risks somewhat are mitigated by the company's leading position in the sector and improved liquidity.

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