---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-091994"
form_type: "8-K"
ticker: "HWM"
cik: "0000004281"
company_name: "Howmet Aerospace Inc."
filed_at: "2024-08-22T23:59:59+00:00"
generated_at: "2026-05-31T08:08:36.912600+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Howmet Aerospace closes $500M 4.85% notes due 2031, redeems $577M higher-coupon notes

## Summary
- Closed $500M offering of 4.850% notes due Oct 15, 2031; proceeds used to redeem 6.875% notes due 2025.
- Entered cross-currency swap converting notes to ~€458M liability at fixed ~3.72% per annum.
- Expects to complete redemption of $577M of 6.875% notes due May 2025 on Aug 23, 2024 at ~$594M including accrued interest.
- Expects reduction in annual interest expense of approximately $21M from these actions.

## SEC filing metadata
- accession: 0001104659-24-091994
- form_type: 8-K
- ticker: HWM
- cik: 0000004281
- company_name: Howmet Aerospace Inc.
- filed_at: 2024-08-22T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4281/000110465924091994/0001104659-24-091994-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4281/000110465924091994/tm2421086d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-091994
- JSON: https://secwatch.observer/filing/0001104659-24-091994.json
- Plain text: https://secwatch.observer/filing/0001104659-24-091994.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.