---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-055682"
form_type: "8-K"
ticker: "AA"
cik: "0001675149"
company_name: "Alcoa Corp"
filed_at: "2025-03-17T23:59:59+00:00"
generated_at: "2026-05-24T15:51:37.741436+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Alcoa subsidiary issues $1B senior notes: 6.125% due 2030, 6.375% due 2032

## Summary
- Alumina Pty Ltd, a wholly-owned Alcoa subsidiary, issued $500M of 6.125% notes due 2030 and $500M of 6.375% notes due 2032.
- The notes are senior unsecured and guaranteed by Alcoa Corporation and certain of its subsidiaries.
- Issuer may redeem the 2030 notes on/after March 15, 2027, and 2032 notes on/after March 15, 2028, at set redemption prices.
- Upon a change of control repurchase event, holders can require repurchase at 101% of principal plus accrued interest.
- The offering was private under Rule 144A and Regulation S; net proceeds not specified.

## SEC filing metadata
- accession: 0001193125-25-055682
- form_type: 8-K
- ticker: AA
- cik: 0001675149
- company_name: Alcoa Corp
- filed_at: 2025-03-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1675149/000119312525055682/0001193125-25-055682-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1675149/000119312525055682/d942147d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-055682
- JSON: https://secwatch.observer/filing/0001193125-25-055682.json
- Plain text: https://secwatch.observer/filing/0001193125-25-055682.txt

## Key facts
- Debt Financings
  Alcoa Corp incurred senior notes of $500,000,000 aggregate principal amount of 6.125% senior notes due 2030 and $500,000,000 aggregate principal amount of 6 with qualified institutional buyers and non-U.S. persons at 6.125% per annum for the 2030 notes; 6.375% per annum for the 2032 notes maturing 2030 for the 6.125% notes; 2032 for the 6.375% notes.
  - Instrument: senior notes
  - Principal: $500,000,000 aggregate principal amount of 6.125% senior notes due 2030 and $500,000,000 aggregate principal amount of 6
  - Counterparty: qualified institutional buyers and non-U.S. persons
  - Rate: 6.125% per annum for the 2030 notes; 6.375% per annum for the 2032 notes
  - Maturity: 2030 for the 6.125% notes; 2032 for the 6.375% notes
  - Event: incurrence
  source text: On March 17, 2025, Alumina Pty Ltd (ABN 85 004 820 419) (the “Issuer”), a wholly-owned subsidiary of Alcoa Corporation (the “Company”), completed an offering (the “Offering”) of $500,000,000 aggregate principal amount of 6.125% senior notes due 2030 (the “2030 notes”), and $500,000,000 aggregate principal amount of 6.375% senior notes due 2032 (the “2032 notes” and together with the 2030 notes, the “notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1675149/000119312525055682/0001193125-25-055682-index.htm

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