secwatch.observer — SEC 8-K summary
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Issuer:     CENTURY ALUMINUM CO (CENX)
CIK:        0000949157
Form:       8-K
Filed at:   2022-12-12T23:59:59+00:00
Accession:  0000949157-22-000057
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Century Aluminum subsidiary secures $90M loan from Glencore at 8.75% due Dec 2024
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- Century Aluminum Vlissingen B.V. enters $90M facility agreement with Glencore International AG.
- Fixed interest rate 8.75% per annum; maturity date December 2, 2024.
- Loan secured by liens on ground lease, moveable assets, financial assets, receivables, and shares of the borrower.
- Proceeds used for general corporate and working capital purposes of Century and its subsidiaries.
- Glencore plc beneficially owns 42.9% of Century's outstanding common stock; related-party transaction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/949157/000094915722000057/0000949157-22-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/949157/000094915722000057/cenx-20221212.htm
  HTML page:      https://secwatch.observer/filing/0000949157-22-000057

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