10th Sep 2026 01:55
Alcoa Corp - Pittsburgh, Pennsylvania-based bauxite, alumina and aluminium producer- Prices a previously announced USD2.60 billion debt offering to finance the USD3.1 billion cash consideration for the acquisition of bauxite, alumina and aluminium producer assets from Perth, Australia-based miner South32 Ltd as announced in July. The offering includes a USD1.50 billion note due 2034 with a 6.625% coupon and a USD1.10 billion note due 2036 with a 6.875% coupon. Alcoa expects the sale of the notes to be completed on September 23. Read More