MidCap Financial today announced it has entered into a successor agent appointment and agency transfer agreement pursuant to which MidCap Financial replaced Citibank as the collateral agent and administrative agent for the Amended 2016 Revolving Credit Agreement of Revlon Consumer Products Corporation (“Revlon”), a leading global beauty company. Concurrently, Revlon and MidCap Financial entered into an amendment which, among other things, enhanced Revlon’s liquidity, provided additional operating flexibility, and extended the maturity date. The $270 million “Tranche A” Revolving Credit Facility is provided by MidCap Financial and Apollo affiliates as Tranche A Revolving Lenders.

About the Company

Founded in 1932 and headquartered in New York, NY, Revlon is a global beauty company with an iconic portfolio of brands.

About MidCap Financial

MidCap Financial is a middle market-focused, specialty finance firm that provides senior debt solutions to businesses across all industries throughout North America. The firm's years of experience, strong balance sheet, and flexibility make it a lender of choice for companies across all stages of growth and complexity. MidCap Financial's debt solutions focus in six areas:

• Asset Based Lending - asset-based revolving loans and term loans collateralized by accounts receivable, inventory and other tangible and intangible assets;
• Leverage Lending - leverage based loans to companies backed by private equity sponsors across all industries including healthcare, technology, and business services;
• Life Sciences & Technology Lending - loans to VC-backed and public pharmaceutical, biotech and medical device, diagnostics, healthcare IT, enterprise software and hardware companies;
• Real Estate Lending - loans to developers and operators of commercial, residential and healthcare real estate;
• Lender Finance - term loans and revolving credit facilities to consumer and commercial finance lenders;
• Franchise Finance - loans to franchisees operating in the quick service restaurant and other industries.

MidCap Financial refers to MidCap FinCo Designated Activity Company, a designated activity company limited by shares incorporated under the laws of Ireland, and its applicable subsidiaries.  MidCap Financial is managed by Apollo Capital Management, L.P., a subsidiary of Apollo Global Management, Inc. MidCap Financial Services, LLC provides sourcing, due diligence, and portfolio management services to MidCap Financial. Loans made or arranged pursuant to a California Finance Lenders Law license.

Additional information about MidCap Financial can be found at www.midcapfinancial.com