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Citi Blocks Firms That Kept Errant Revlon Payout From Debt Deals

Citigroup Inc. is punishing investment firms that kept payments the bank accidentally sent to Revlon Inc. lenders by blocking them from certain new debt offerings led by the bank, according to people with knowledge of the matter.

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Citi Blocks Firms That Kept Errant Revlon Payout From Debt Deals