
RPM International, Inc., founded in 1947 and headquartered in Medina, Ohio, is a prominent specialty coatings and sealants company focused on providing high-quality products to the construction and maintenance markets. The company offers a diverse array of products, including paint, roofing materials, and maintenance solutions for both residential and commercial applications.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
RPM 2.95% 2032-01-15 USDRPM International, Inc. | United States | 2032-01-15 | 2.950 | 4.71 |
RPM 3.75% 2027-03-15 USDRPM International, Inc. | United States | 2027-03-15 | 3.750 | 4.12 |
RPM 4.25% 2048-01-15 USDRPM International, Inc. | United States | 2048-01-15 | 4.250 | 5.69 |
RPM 4.55% 2029-03-01 USDRPM International, Inc. | United States | 2029-03-01 | 4.550 | 4.24 |
RPM 5.25% 2045-06-01 USDRPM International, Inc. | United States | 2045-06-01 | 5.250 | 5.72 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
RPM International has actively engaged in bond issuances since the mid-1990s, utilizing them to finance strategic acquisitions and enhance its growth initiatives. Notably, the company issued $300 million in senior notes in 2020 to refinance existing debt and fund capital expenditures, achieving competitive yields that are appealing compared to industry averages. With features such as call options on certain issues, RPM's bond offerings provide investors with flexibility, while the company has maintained a strong credit rating, ensuring investor confidence despite market fluctuations.