Alcoa proposes $2.6B debt offering to fund South32 asset acquisition

source: news (news:seeking-alpha)published 2026-09-09 13:12ingested 2026-09-09 13:52

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Alcoa proposes $2.6B debt offering to fund South32 asset acquisition

Sep 09, 2026, 9:12 AM ETAlcoa Corporation (AA) StockBy : Carl Surran, SA News Editor

Alcoa (AA) up 1.1% pre-market Wednesday after saying it proposed an offering of $2.6B principal amount of senior notes due 2034 and 2036 to help finance the $3.1B cash portion of its previously announced acquisition of bauxite mine, alumina

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