RPM International Extends Revolving Credit Facility to 2031

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RPM International (RPM) has extended its revolving credit facility by five years to February 27, 2031, and updated its interest rate framework. The amendment maintains a 3.75x leverage cap, removes the interest coverage covenant, and provides greater long-term funding flexibility. While analysts have a Buy rating with a $125.00 price target, TipRanks’ AI Analyst Spark views RPM as Neutral due to moderate leverage and inconsistent cash-flow tempered by solid profitability.

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