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Fitch Rates RPM's Proposed $250MM Sr. Unsecured Notes Offering 'BBB-'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BBB-' rating to RPM International Inc.'s (NYSE: RPM) proposed offering of $250 million senior unsecured notes due 2045. This issue will be ranked on a pari passu basis with all other senior unsecured debt. Proceeds from the notes offering will be used to repay a portion of the outstanding borrowings under the company's revolving credit facility. The Rating Outlook is Stable. A complete list of ratings follows at the end of this release. K

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