Arconic Prices Debt Offering in Connection With Separation

2/5/20

PITTSBURGH--(BUSINESS WIRE)--Arconic Inc. (NYSE:ARNC) announced today that Arconic Rolled Products Corporation, which is currently a wholly-owned subsidiary of Arconic, has priced its offering of $600,000,000 aggregate principal amount of 6.125% second-lien notes due 2028. The sale of the Notes is expected to be completed on February 7, 2020, subject to customary closing conditions.

About Arconic

Arconic 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.