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Howmet Aerospace Inc. Announces Pricing of Debt Offering
Prnewswireยท 2025-11-03 21:10
Core Points - Howmet Aerospace Inc. has priced its underwritten public offering of $500 million aggregate principal amount of 4.550% Notes due 2032, expected to close on November 12, 2025 [1] - The net proceeds will be used to redeem approximately $625 million of its 5.90% Notes due 2027, resulting in annualized interest expense savings of approximately $14 million [2] Company Overview - Howmet Aerospace is a leading global provider of advanced engineered solutions for the aerospace and transportation industries, focusing on jet engine components, aerospace fastening systems, and airframe structural components [4]