RPM International to repay revolving loan with note proceeds

By Tali Rackner

Norfolk, Va., May 26 – RPM International Inc. plans to repay a portion of the outstanding borrowings under its revolving credit facility with the proceeds from a new note offering, according to a 424B5 filing with the Securities and Exchange Commission.

The facility matures on Dec. 5, 2019.

RPM is a Medina, Ohio-based holding company with subsidiaries that manufacture and market coatings, sealants and specialty chemicals.

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