Prospector
Profile
98.0059
| Renaissance Cosmetics, Inc. | SIC | 2844 , 6719 |
|
| 635 Madison Avenue | Employees | 1142 |
|
| New York, NY 10022 | Rev. (mil) | $174.60 |
|
| (212) 751-3700 | Income (mil) | ($41.80) |
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| Assets (mil) | $361.40 |
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| Liab. (mil) | $269.74 |
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| (for the year ended 3/31/97) | |||
Category: Covenant Problems
Event: Renaissance Cosmetics is in default of certain covenants under its revolving credit facility, which would preclude additional borrowing under that facility unless the company obtains a waiver of the defaults.
Business Description: The company is a leading manufacturer and marketer of mass-market fragrances, artificial nail care products, mid-priced lip and eye make-up, nail polish and related products.
Officers: Thomas V. Bonoma (Pres. & CEO); Norbert Becker (SVP); Albert E. Dechellis (VP); Ronald D. Bowen (VP)
Accountant: Deloitte & Touche
Securities:
Common Stock - Symbol D.ROX; OTC; 825,086 shares outstanding as of
6/30/97.
11 3/4% Senior Notes due February 15, 2002; $200,000,000 outstanding as
of February 7, 1997.
Notes: Update of Profile 98.0014.