Kaiser Aluminum has issued a $500 million private placement of senior notes due 2034, guaranteed by its domestic subsidiaries under its revolving credit facility.
Proceeds from the placement, together with borrowings under the credit facility and available cash, will be used to redeem all outstanding 4.625% senior notes due 2028, thereby reducing short‑term debt and extending the company’s overall debt maturity profile.
The company has provided a conditional notice of intent to redeem the 2028 notes on November 6, 2025, contingent on the successful issuance of the new notes and favorable market conditions.
The placement is offered to qualified institutional buyers under Rule 144A and to non‑U.S. persons outside the United States under Regulation S, exempt from registration under the Securities Act of 1933. This announcement does not constitute an offer to sell or a solicitation of an offer to buy the notes, nor is it a notice of redemption for the 2028 notes.
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