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RPM INTERNATIONAL INC/DE/ (RPM) Form 8-K — Jun 2, 2026

$RPMForm 8-KItems 1.01, 5.02Filed Jun 2, 2026, 4:25 PM ET0001193125-26-253577Original filing

RPM International Inc. amended its $300 million accounts receivable securitization facility to remove the credit spread adjustment for SOFR-based extensions and eliminate the interest coverage ratio financial covenant. The amendments introduce a leverage ratio covenant (max 3.75x) applicable only if the company loses investment-grade ratings from two specified agencies, and increase amortization event thresholds from $150 million to $250 million. Separately, Timothy R.

Key figures

Debt Amount
300000000
Leverage ratio covenant threshold
3.75 to 1.0
Originator amortization threshold
50000000
Judgment based amortization threshold
250000000
Material indebtedness amortization threshold
250000000

Price after filing

1 day: -1.2%7 days: +2.2%30 days: +5.3%

Close on the filing date to close N calendar days later (from $105.12). Historical, not a forecast.

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.