Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Novelis Inc. amended ABL Amendment with Wells Fargo Bank, National Association, as administrative agent and collateral agent, and the lenders and issuing banks party thereto valued at $500.0 million (effective 2026-02-19).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Wells Fargo Bank, National Association, as administrative agent and collateral agent, and the lenders and issuing banks party thereto
- Value
- $500.0 million
- Effective
- 2026-02-19
Exact text from the filing
On February 19, 2026, Novelis Inc. (the “Company” or “we”) entered into an amendment (the “ABL Amendment”) to its Second Amended and Restated Credit Agreement (as previously amended and as amended by the ABL Amendment, the “ABL Facility”), dated as of October 6, 2014, among the Company and subsidiary borrowers party thereto, the guarantors party thereto, Wells Fargo Bank, National Association, as administrative agent and collateral agent, and the lenders and issuing banks party thereto.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Novelis Inc. entered into subscription agreement with AV Minerals (Netherlands) N.V. valued at $199,999,950 (effective 2026-02-18).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- AV Minerals (Netherlands) N.V.
- Value
- $199,999,950
- Effective
- 2026-02-18
Exact text from the filing
On February 18, 2026, we entered into a subscription agreement with AV Minerals (Netherlands) N.V. (“AV Minerals”), the Company’s sole shareholder and a wholly owned subsidiary of Hindalco Industries Limited, pursuant to which AV Minerals agreed to purchase 1,333,333 of the Company’s common shares, no par value per share, for $199,999,950 at a price of $150 per share.
View on SEC.gov