debt
confidence high
sentiment positive
materiality 0.45
Howmet Aerospace redeems $200M of 5.125% Notes due 2024 early
Howmet Aerospace Inc.
- Completed early partial redemption of $200M principal of 5.125% Notes due October 2024.
- Redemption price ~$205M including ~$5M accrued interest; funded with cash on hand.
- After redemption, $705M aggregate principal of the 2024 Notes remains outstanding.
- Event occurred on September 28, 2023.