Kaiser Aluminum Corporation Announces Pricing of New Senior Notes

Core Points - Kaiser Aluminum Corporation has priced $500 million of 5.875% senior notes due 2034 in a private transaction exempt from registration requirements [1] - The proceeds will be used to redeem all outstanding amounts of existing 4.625% senior notes due 2028 [2] - The offering is expected to be completed on November 5, 2025, subject to customary closing conditions [1] Financial Details - The new senior notes will be guaranteed by existing and future domestic subsidiaries that are borrowers or guarantors under Kaiser Aluminum's revolving credit facility [1] - The company provided conditional notice to redeem the 2028 notes on November 6, 2025, contingent upon the successful issuance of the new notes [3] Regulatory Information - The notes and related guarantees will not be registered under the Securities Act and may only be offered to qualified institutional buyers and non-U.S. persons [4] - This announcement does not constitute an offer to sell or a solicitation to buy the notes [5] Company Overview - Kaiser Aluminum Corporation is a leading producer of semi-fabricated specialty aluminum products, serving various industries including aerospace, automotive, and packaging [6] - The company is headquartered in Franklin, Tennessee, and is included in the Russell 2000® and S&P Small Cap 600® indices [6]