ATLANTA, Sept. 19, 2008 /PRNewswire-FirstCall/ -- Newell Rubbermaid
(NYSE: NWL) announced the successful completion of a $400 million unsecured
three-year term loan facility with Bank of America, N.A., as Administrative
Agent, and JP Morgan Chase Bank, N.A., as Syndication Agent. The loan
proceeds will be utilized to reduce outstanding commercial paper.
The company also announced a one-year extension of its $448 million
floating rate note from September 2008 to September 2009.
About Newell Rubbermaid
Newell Rubbermaid Inc., an S&P 500 company, is a global marketer of
consumer and commercial products with sales of over $6 billion and a strong
portfolio of brands, including Rubbermaid(R), Sharpie(R), Graco(R),
Calphalon(R), Irwin(R), Lenox(R), Levolor(R), Paper Mate(R), Dymo(R),
Waterman(R), Parker(R), Goody(R), BernzOmatic(R) and Amerock(R). The
company is headquartered in Atlanta, Ga., and has approximately 22,500
employees worldwide.
This press release and additional information about Newell Rubbermaid
are available on the company's Web site, http://www.newellrubbermaid.com .
NWL-CO
SOURCE Newell Rubbermaid Inc.
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Related links:
http://www.newellrubbermaid.com
http://www.prnewswire.com/comp/138728.html /
CONTACT:
Nancy O'Donnell, Vice President, Investor
Relations, +1-770-418-7723, or David Doolittle, Vice President,
Corporate Communications +1-770-418-7519, both of Newell
Rubbermaid Inc.
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