PPG issues €1B in notes: €300M 1.875% due 2025, €700M 2.750% due 2029

PPG INDUSTRIES INC

Completed offering of €300M 1.875% Notes due 2025 and €700M 2.750% Notes due 2029.
Notes issued under indenture with change-of-control repurchase at 101% of principal plus accrued interest.
Net proceeds for general corporate purposes, including working capital, capex, debt repayment, and acquisitions.
Covenants limit incurrence of certain liens and consolidation/merger transactions.

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