Fitch rates RPM notes BBB-

Fitch Ratings said it assigned a BBB- rating to RPM International, Inc.'s planned offering of $300 million of senior unsecured notes due 2032.

The rating is the same as Fitch’s on RPM’s other unsecured debt.

RPM intends to use the proceeds to repay a portion of the borrowings under the company's revolving credit facility and for general corporate purposes.

The outlook is stable.

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