RPM International extends $250 million receivables facility to $300 million, maturing 2028
RPM International amended and extended its accounts receivable securitization facility, increasing its overall size from $250.0 million to $300.0 million and pushing the termination date to April 30, 2028. The filing describes this as a routine financing update with customary terms and fees, and does not report any change to company results or guidance.
Key points
- Facility size increased from $250.0 million to $300.0 million under Amendment No. 10 to the Amended and Restated Receivables Purchase Agreement.
- Facility termination date extended to April 30, 2028.
- PNC Bank, National Association is administrative agent; PNC Capital Markets LLC is structuring agent.
- Company paid customary fees to the administrative agent; the full amendment will be filed with the Form 10-K for the fiscal year ending May 31, 2025.
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.