Howmet Aerospace Announces Pricing of Debt Offering to Finance Acquisition

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announced the pricing of an underwritten public offering of $400,000,000 aggregate principal amount of 3.750% notes due 2028, $300,000,000 aggregate principal amount of 3.900% notes due 2029, and $500,000,000 aggregate principal amount of 4.750% notes due 2036. The total proceeds from this offering, along with borrowings and cash on hand, will finance the $1.8 billion acquisition of Consolidated Aerospace Manufacturing, LLC. Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, and SMBC Nikko Securities America, Inc. are acting as joint book-running managers for the offering.

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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.