149 days ago • Posted by Martin Boujol

Alcoa Corp. is to issue $500 million in bonds

Alcoa Corp will offer $500 million in bonds through its Alcoa Nederland Holding. Proceeds will be used to pay pension plans applicable to salaried and hourly employees and to pay back their Senior Notes due in 2024 at 6.75%. The share price of the company went up 163% in the last 12 months, vs. 29% for the S&P 500.

Source: MarketWatch

#Stocks #Bonds
Alcoa Corp. is to issue $500 million in bonds
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