IHS Chemical Week

People & Business :: Earnings/Finance

RPM refinances debt with convertible bonds

4:07 PM MST | December 2, 2013 | Vincent Valk

RPM is issuing $200 million in convertible bonds to pay down an equivalent amount of 6.25% bonds that were due later this month. The new bonds are convertible to cash, RPM stock, or some combination of the two “only upon specified events” prior to 15 June 2020. The specified events that could lead to a conversion were not disclosed. After 15 June 2020, the bonds can be converted into cash or RPM stock at any time. The interest rate and conversion rate have not yet been determined, RPM...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa