Howmet Aerospace established a commercial paper program on April 4, 2024. Under the program, the company may issue unsecured commercial paper notes from time to time, with outstanding amounts at any time not exceeding $1.0 billion.

1. 01

   Howmet Aerospace established a commercial paper program on April 4, 2024. Under the program, the company may issue unsecured commercial paper notes from time to time, with outstanding amounts at any time not exceeding $1.0 billion.

2. 02

   The company said the notes may have varying maturities but will not exceed 397 days from the date of issue. The notes will rank equally in right of payment with all of the company's other unsecured senior indebtedness.

3. 03

   The company said it will use the proceeds from the notes for general corporate purposes.

4. 04

   The company said the notes will be sold on customary terms in the U.S. commercial paper market on a private placement basis. It said the notes have not been and will not be registered under the Securities Act of 1933 or state securities laws.

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Original filing

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