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History
2022: $10 billion debt bankruptcy filing
Cosmetic giant Revlon filed for bankruptcy, declaring that it was impossible to service debt obligations worth $10 billion.
2020: Reason for Citigroup's $900m flawed transfer to Revlon creditors is human error
At the end of August 2020, it became known that the reason for the erroneous payment by the American bank Citigroup of $900 million to Revlon creditors is the human factor. The bank intends to return the funds. Read more here.
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