Alcoa Corporation Announces Closing of Debt Offering
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Alcoa Corporation announced the closing of a $1 billion debt offering through its subsidiary, Alumina Pty Ltd. The offering includes $500 million in 6.125% senior notes due 2030 and $500 million in 6.375% senior notes due 2032, guaranteed by Alcoa and certain subsidiaries.
March 18, 2025 | 11:30 am
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Alcoa Corporation has successfully closed a $1 billion debt offering, which may enhance its financial flexibility and support future growth initiatives.
The successful closing of a $1 billion debt offering indicates strong investor confidence and provides Alcoa with additional capital. This can be used for growth initiatives or to strengthen the balance sheet, which is positive for the company's short-term financial outlook.
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