04:01 AM EDT, 10/28/2025 (MT Newswires) -- Kaiser Aluminum ( KALU ) said late Monday it has priced $500 million worth of 5.875% senior notes due 2034 in a private transaction.

The offering is expected to be completed on Nov. 5, the company said.

Kaiser Aluminum ( KALU ) said it intends to use net proceeds, along with borrowings under its revolving credit facility, to redeem all of its outstanding 4.625% senior notes due 2028.