---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-073889"
form_type: "8-K"
ticker: "AA"
cik: "0001675149"
company_name: "Alcoa Corp"
filed_at: "2024-03-21T23:59:59+00:00"
generated_at: "2026-06-04T09:56:23.185548+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Alcoa Corp subsidiary issues $750M 7.125% senior notes due 2031

## Summary
- Alcoa Nederland Holding B.V. issued $750M of 7.125% senior unsecured notes due 2031.
- Notes guaranteed by Alcoa Corp and certain subsidiaries; sold under Rule 144A/Reg S.
- Redeemable at issuer's option from March 15, 2027; make-whole redemption prior to that date.
- Change of control triggers repurchase at 101% of principal plus accrued interest.
- Indenture includes covenants limiting liens, mergers, and AWAC ownership changes.

## SEC filing metadata
- accession: 0001193125-24-073889
- form_type: 8-K
- ticker: AA
- cik: 0001675149
- company_name: Alcoa Corp
- filed_at: 2024-03-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1675149/000119312524073889/0001193125-24-073889-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1675149/000119312524073889/d814763d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-073889
- JSON: https://secwatch.observer/filing/0001193125-24-073889.json
- Plain text: https://secwatch.observer/filing/0001193125-24-073889.txt

## Key facts
- Debt Financings
  Alcoa Corp incurred senior notes of $750,000,000 aggregate principal amount with qualified institutional buyers and certain non-U.S. persons (Rule 144A/Reg S) at 7.125% senior notes due 2031 maturing due 2031.
  - Instrument: senior notes
  - Principal: $750,000,000 aggregate principal amount
  - Counterparty: qualified institutional buyers and certain non-U.S. persons (Rule 144A/Reg S)
  - Rate: 7.125% senior notes due 2031
  - Maturity: due 2031
  - Event: incurrence
  source text: On March 21, 2024, Alcoa Nederland Holding B.V. (the “Issuer”), a wholly-owned subsidiary of Alcoa Corporation (the “Company”), completed an offering (the “Offering”) of $750,000,000 aggregate principal amount of 7.125% senior notes due 2031 (the “notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1675149/000119312524073889/0001193125-24-073889-index.htm
- Material Agreements
  Alcoa Corp entered into Indenture with The Bank of New York Mellon Trust Company, N.A., as trustee valued at $750,000,000 aggregate principal amount of 7.125% senior notes due 2031 (effective 2024-03-21).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: The Bank of New York Mellon Trust Company, N.A., as trustee
  - Value: $750,000,000 aggregate principal amount of 7.125% senior notes due 2031
  - Effective: 2024-03-21
  source text: On March 21, 2024, Alcoa Nederland Holding B.V. (the “Issuer”), a wholly-owned subsidiary of Alcoa Corporation (the “Company”), completed an offering (the “Offering”) of $750,000,000 aggregate principal amount of 7.125% senior notes due 2031 (the “notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1675149/000119312524073889/0001193125-24-073889-index.htm

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