Alcoa Corporation ("Alcoa") (NYSE:AA; ASX:AAI)announces the consideration to purchase for cash any and all of the outstanding 5.500% senior unsecured notes due 2027 (the "Any and All Notes") issued by Alcoa Nederland Holding B.V. ("ANHBV"), a wholly-owned subsidiary of Alcoa, fully guaranteed by Alcoa (the "Any and All Offer").
The Any and All Offer is being made pursuant to the terms and subject to the conditions set forth in the offer to purchase dated March 3, 2025 (the "Offer to Purchase") relating to the Any and All Notes.
The following table sets forth certain information relating to the Any and All Offer, including the consideration (the "Any and All Total Consideration") payable for the Any and All Notes validly tendered and not withdrawn and accepted for purchase in the Any and All Offer and the offer yield for the Any and All Notes as calculated at 11:00 a.m. (New York City time) today.
Title of Security |
CUSIP / ISIN |
Principal Amount Outstanding |
Reference U.S. Treasury Security |
Bloomberg Reference Page |
Fixed Spread |
Reference Yield |
Any and All Total Consideration(1) |
|||||||
5.500% Senior Unsecured Notes due 2027 |
Rule 144A: 013822AE1 / US013822AE11 Regulation S: N02175AD4 / USN02175AD40 |
US$750,000,000 |
2.875% U.S. Treasury due June 15, 2025 |
FIT 3 |
0 bps |
4.392% |
US$1,002.47 |
