debt
confidence high
sentiment positive
materiality 0.65
Howmet Aerospace prices $500M 4.550% Notes due 2032 to redeem $625M 5.90% 2027 Notes
Howmet Aerospace Inc.
- Offering of $500M aggregate principal of 4.550% Notes due 2032; closes November 12, 2025.
- Net proceeds plus cash will redeem all ~$625M of 5.90% Notes due December 3, 2025.
- Expected annualized interest expense savings of approximately $14 million.
- Joint book-runners: Goldman Sachs, J.P. Morgan, Morgan Stanley.