Arconic Announces Pricing of Additional Notes Offering
Arconic Corporation (NYSE: ARNC) (Arconic or the Company) announced today the pricing of its offering of an additional $300 million aggregate principal amount of the Companys 6.125% Senior Secured Second-Lien Notes due 2028 (the Additional Notes).
- Arconic Corporation (NYSE: ARNC) (Arconic or the Company) announced today the pricing of its offering of an additional $300 million aggregate principal amount of the Companys 6.125% Senior Secured Second-Lien Notes due 2028 (the Additional Notes).
- The Additional Notes will be issued at an offering price of 106.25% of the principal amount thereof, plus accrued interest from February 15, 2021.
- The Additional Notes will be issued under the indenture governing the Company's existing 6.125% Senior Secured Second-Lien Notes due 2028 (the Existing Notes).
- Any offers of the Additional Notes or related guarantees are being made only by means of a private offering memorandum.