Form 8-K ALCOA INC. For: Sep 16
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/28/2026
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
- Stock action shows confidence in central banks: BofA’s Hartnett
- Oil prices slide about 2% as US, Iran explore path out of war
- Why stocks held up despite rising yields and $100 oil? These 2 words explain it
- Barclays asks if equity markets are nearing the boiling point
- White House blocks CNN from Air Force One trip, Washington Post reports
- Merck and Daiichi Sankyo withdraw lung cancer drug application
- Exclusive-SK Hynix's Solidigm weighs IPO that could value the unit at up to $150 billion, sources say
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
- Fox Factory sells Marucci Sports for $225M, cuts debt
S&P Rates Alcoa (AA) at 'BB-' Amid Upstream, Downstream Separation
September 20, 2016 3:06 PM EDT-S&P Global Ratings said that it has assigned its 'BB-' corporate credit rating to Alcoa Upstream Corp. (Alcoa Corp.). The outlook is stable.
At the same time, we assigned our 'BB-' issue-level rating and '3' recovery rating to the company's proposed $1.0 billion senior unsecured notes. The '3' recovery rating indicates our expectation for meaningful (50%-70%; lower half of the range) recovery in the event of a payment default.
Our recovery analysis, and resultant 'BB-' issue-level rating on the company's proposed $1.0 billion senior unsecured notes, assumes a capital structure that includes a $1.5 billion senior secured revolving... More
Alcoa (AA) Unit Plans Notes Offering
September 20, 2016 7:39 AM EDTAlcoa Inc. (NYSE: AA) announced a proposed offering of senior notes (the Notes) by Alcoa Nederland Holding B.V. (the Issuer), a wholly owned subsidiary of Alcoa Upstream Corporation (Alcoa Corporation), which is currently a wholly owned subsidiary of Alcoa.
The timing of pricing and terms of the Notes are subject to market conditions and other factors. The Issuer intends to use the proceeds from the proposed offering to make a payment to Alcoa to fund the transfer of certain assets... More
