MEDINA, Ohio, Dec. 4 /PRNewswire-FirstCall/ -- RPM International Inc.
(NYSE: RPM) announced today the pricing of $200 million of 6.25% Senior Notes
due 2013. The net proceeds of the offering of the Senior Notes will be used to
repay in full the outstanding borrowings under the revolving credit facility
and a portion of the outstanding balances under either or both the commercial
paper and asset securitization programs.
The notes were offered to qualified institutional buyers under Rule 144A
and to persons outside the United States under Regulation S. The notes were
not registered under the Securities Act of 1933, as amended (the "Securities
Act"), and, unless so registered, may not be offered or sold in the United
States except pursuant to an exemption from, or in a transaction not subject
to, the registration requirements of the Securities Act and applicable state
securities laws. This press release shall not constitute an offer to sell or
the solicitation of an offer to buy, nor shall there be any sale of the notes
in any state in which such offer, solicitation, or sale would be unlawful
prior to registration or qualification under the securities laws of any such
RPM International Inc., a holding company, owns subsidiaries that are
world leaders in specialty coatings serving both industrial and consumer
markets. RPM's industrial products include roofing systems, sealants,
corrosion control coatings, flooring coatings and specialty chemicals. RPM's
consumer products are used by professionals and do-it-yourselfers for home
maintenance and improvement, automotive and boat repair and maintenance, and
by hobbyists. Industrial brands include Stonhard, Tremco, Carboline, Day-Glo,
Euco and Dryvit. Consumer brands include Zinsser, Rust-Oleum, DAP, Varathane,
Bondo and Testors.
For more information, contact: Glenn R. Hasman, vice president finance and
communications for RPM at (330) 273-8820 or firstname.lastname@example.org.
SOURCE RPM International Inc. 12/04/2003
CONTACT: Glenn R. Hasman, vice president finance and communications of
RPM, +1-330-273-8820, or email@example.com
Web site: http://www.rpminc.com
CO: RPM International Inc.