Howmet Aerospace said on February 17, 2026 it priced 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.

1. 01

   Howmet Aerospace said on February 17, 2026 it priced 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.

2. 02

   The company said it intends to use the net proceeds from the offering, together with $600 million of borrowings under its commercial paper program or debt facilities and cash on hand, to finance the approximately $1.8 billion purchase price for the proposed acquisition of Consolidated Aerospace Manufacturing, LLC.

3. 03

   Howmet Aerospace said the offering is expected to close on March 3, 2026, subject to customary closing conditions.

4. 04

   The company said 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, and the notes are being offered pursuant to an effective shelf registration statement previously filed.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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