CENTURY ALUMINUM CO (CENX): debt financing — Century Aluminum closes $400M 6.875% notes due 2032, redeems 2028 notes

CENTURY ALUMINUM CO

Issued $400M aggregate principal 6.875% senior secured notes due Aug 1, 2032 at 100% of par.
Net proceeds ~$395M used to redeem all $250M 7.50% notes due 2028 at ~$261M (101.875% + accrued interest).
Redemption of 2028 notes scheduled Aug 5, 2025; indenture obligations satisfied.
Entered Amendment No. 5 to credit facility extending maturity to July 22, 2030 and modifying other terms.
Notes are secured by substantially all assets (excluding ABL collateral) and guaranteed by domestic subsidiaries.

item 1.01 item 1.02 item 2.03 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CENTURY ALUMINUM CO incurred senior notes of $400 million with Wilmington Trust, National Association at 6.875% per year maturing August 1, 2032.

Instrument: senior notes
Principal: $400 million
Counterparty: Wilmington Trust, National Association
Rate: 6.875% per year
Maturity: August 1, 2032
Event: incurrence

Exact text from the filing

completed its previously announced offering of $400 million aggregate principal amount of 6.875% Senior Secured Notes due 2032

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Source: SEC EDGAR

accession 0001104659-25-070186

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