RPM International Inc. RPM announced today that it agreed to sell $150 million aggregate principal amount of its 6.125% Notes due October 15, 2019 pursuant to the provisions of an Underwriting Agreement dated May 24, 2011 among RPM and Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC as Representatives of the Underwriters. The offering was priced at 108.090% of the $150.0 million principal amount of Notes to be issued, together with accrued interest to, and excluding, the closing date. At that price, the Notes have a yield to maturity of 4.934%.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in