Howmet Aerospace Inc.
Howmet Aerospace Inc. Establishes $1.0 Billion Commercial Paper Program
Summary
On April 4, 2024, Howmet Aerospace Inc. announced the establishment of a commercial paper program allowing the company to issue unsecured notes up to a maximum aggregate face amount of $1.0 billion for general corporate purposes. The notes, which will not be registered under the Securities Act of 1933 and may not be offered or sold in the U.S. without registration or exemption, will have maturities not exceeding 397 days and will be sold in the U.S. commercial paper market on a private placement basis.
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About Howmet Aerospace Inc.
Howmet Aerospace Inc. is a leading global provider of advanced engineered solutions for the aerospace industry. With a focus on high-performance multi-material products, the company plays a critical role in enhancing the efficiency, reliability, and safety of both commercial and military aircraft. Howmet Aerospace specializes in manufacturing precision parts such as jet engine components, fasteners, and titanium structural parts, serving major aerospace manufacturers and defense companies worldwide. The firm's technological expertise and innovation in materials science allow it to contribute significantly to advancements in aircraft design and performance. Headquartered in Pittsburgh, Pennsylvania, Howmet Aerospace operates through various plants and facilities around the world, evidencing its significant footprint and influence in the aerospace sector. Its products are integral to modern aircraft, underscoring its vital role in driving forward aerospace engineering and manufacturing capabilities.
Official SEC Documents
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