secwatch.observer — SEC 8-K summary
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Issuer:     RPM INTERNATIONAL INC/DE/ (RPM)
CIK:        0000110621
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001193125-25-107486
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

RPM increases A/R securitization facility to $300M, extends to April 2028
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- Facility size raised from $250M to $300M via Amendment No. 10.
- Termination date extended to April 30, 2028.
- Includes interest coverage ratio test if RPM loses investment-grade rating.
- Amendment involves RPM, SPE, PNC Bank as administrative agent.
- Customary fees paid to administrative agent for the financing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/110621/000119312525107486/0001193125-25-107486-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/110621/000119312525107486/d853727d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-107486

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