CENX Prices Private Offering of 6.875% Senior Secured Notes
Key Takeaways CENX priced $400M of 6.875% senior secured notes due August 2032. Net proceeds will refinance 7.50% notes due 2028 and repay credit facility borrowings. CENX's obligations are backed by liens on substantially all its and the guarantors' assets.Century Aluminum Company (CENX) has announced the pricing of its earlier disclosed private offering of $400 million in total principal amount of 6.875% senior secured notes, due August 2032.The notes will be issued at 100% of their total principal amou ...