Howmet Aerospace establishes $1.0B commercial paper program

Howmet Aerospace Inc.

Program allows up to $1.0B aggregate face amount of unsecured commercial paper notes outstanding.
Notes maturities will not exceed 397 days from date of issue.
Notes rank equally with all other unsecured senior indebtedness of the company.
Proceeds from note sales used for general corporate purposes.
Notes sold on private placement basis in U.S. commercial paper market, not registered under Securities Act.

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