New York, December 04, 2013 -- Moody's Investors Service has today assigned a Baa3 rating to the proposed $200 million of new senior unsecured convertible notes due 2020 to be issued by RPM International Inc. (RPM, Baa3 stable). RPM has stated that the proposed new issuance will be offered and sold under its shelf registration filed on 8 April 2011. The company has also stated that the proceeds from the notes will largely be used to repay, redeem or refinance RPM's outstanding $200 million senior unsecured notes due 15 December 2013, which are also rated Baa3. The rating outlook is stable.
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