Century Aluminum Company (CENX) has priced its private offering of $400 million aggregate principal amount of 6.875% senior secured notes due August 2032. The Secured Notes will be issued at 100.00% of their aggregate principal amount and will pay interest semi-annually at a rate of 6.875% per annum. They are expected to mature on August 1, 2032. The proceeds from this offering will be used to refinance existing debt, repay borrowings, and cover related fees and expenses. The sale of the Secured Notes is set to close on July 22, 2025.
Read more at Nasdaq: Century Aluminum Prices Private Offering Of $400 Mln Of 6.875% Senior Secured Notes Due August 2032
