RPM International Announces $150 Million Note Offering

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%.
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