Arconic Completes Early Redemption of 5.55% Notes Due 2017
Get Alerts ARNC Hot Sheet
Join SI Premium – FREE
NEW YORK--(BUSINESS WIRE)-- Arconic Inc. (NYSE: ARNC) announced today that it has completed the previously indicated early redemption of all of its 5.55% Notes due 2017 (the “Notes”) in the aggregate principal amount of $750,000,000. Holders of the Notes were paid $1,004.27 per $1,000.00 aggregate principal amount of the Notes, or an aggregate of $753.2 million, plus accrued and unpaid interest up to, but not including, the redemption date. This redemption is a component of Arconic’s de-leveraging program.
About Arconic
Arconic Inc. (NYSE: ARNC) creates breakthrough products that shape industries. Working in close partnership with our customers, we solve complex engineering challenges to transform the way we fly, drive, build and power. Through the ingenuity of our people and cutting-edge advanced manufacturing techniques, we deliver these products at a quality and efficiency that ensure customer success and shareholder value. For more information: www.arconic.com. Follow @arconic: Twitter, Instagram, Facebook, LinkedIn and YouTube.
Dissemination of Company Information
Arconic intends to make future announcements regarding Company developments and financial performance through its website at www.arconic.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161230005213/en/
Arconic Inc.
Investor Contact
Patricia Figueroa, 212-836-2674
[email protected]
or
Media
Contact:
Shona Sabnis, 212-836-2626
[email protected]
Source: Arconic Inc.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- NurExone closes private placement raising C$627,795
- VAGCOIN Builds Momentum with Low Supply, Locked Liquidity, and a Commitment to Ovarian Cancer
- Via Transportation, Inc. Securities Class Action Result of Undisclosed Growth Obstacles and approximately 70% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
Create E-mail Alert Related Categories
Press ReleasesRelated Entities
TwitterSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share