ICN Pharmaceuticals Inc.: The Costa Mesa drug...

ICN Pharmaceuticals Inc.: The Costa Mesa drug company said Thursday that it will redeem an additional $10 million of its 12 7/8% Sinking Fund Debentures due July 15, 1998, at 100% of its principal amount, plus interest accrued to April 28. . . . Renaissance Golf Products Inc.: The Huntington Beach company, doing business as Fila Golf, said it has established a $1 million long-term working capital line of credit with Fidelity Funding of California Inc. . . . Richey Electronics Inc.: The Garden Grove distributor said Thursday it has begun delivering preliminary prospectuses in connection with its proposed public offering of up to 3 million shares of its common stock. A portion of the proceeds will be used to repay indebtedness, and the balance will be used for general corporate purposes.