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Howmet Aerospace Prices $500 Million Offering of 2031 Notes
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Howmet Aerospace Prices $500 Million Offering of 2031 Notes
Aug 8, 2024 2:42 PM

05:29 PM EDT, 08/08/2024 (MT Newswires) -- Howmet Aerospace ( HWM ) said late Thursday it priced an underwritten offering of $500 million of 4.85% notes due 2031.

The company intends to use the net proceeds and cash on hand to redeem $577 million of 6.875% notes due 2025.

The offering is set to close Aug. 22.

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