ATI upsizes senior notes offering to $425M at 7.25% due 2030; proceeds for pension de-risking

ATI INC

Upsized from $400M to $425M aggregate principal of 7.25% Senior Notes due August 15, 2030.
Interest paid semi-annually at 7.25% per year; maturity 2030 unless earlier redeemed.
Up to ~$300M of net proceeds allocated to fund pension liabilities and de-risking strategies including annuitizations.
Remaining proceeds for liquidity and general corporate purposes.
Joint book-running managers: Citigroup, Goldman Sachs, J.P. Morgan.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.