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.
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.
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