Alcoa to redeem $219 million of 6.125% notes due 2028
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Price: $52.99 -0.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
EPS Growth %: +482.1%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.6%
EPS Growth %: +482.1%
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Alcoa Corporation (NYSE: AA) announced that its subsidiary Alcoa Nederland Holding B.V. will redeem all $219 million of its outstanding 6.125% notes due in 2028.
The redemption is scheduled for May 15, 2026, at a price equal to 100% of the principal amount plus accrued interest through the redemption date. The company will use cash on hand to fund the redemption.
The information was disclosed in a company press release statement.
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