JW Aluminum Announces Proposed Offering of $350 Million of Senior Secured Notes [Yahoo! Finance]
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Source: Yahoo! Finance
subsidiary of JW Aluminum Holding Corp., announced today that it is proposing to issue $350 million aggregate principal amount of Senior Secured Notes due 2030 (the "Notes") in a private offering that is exempt from the registration requirements of the Securities Act of 1933 (the "Securities Act"). The Company intends to offer the Notes to qualified institutional buyers in accordance with Rule 144A or outside the United States in accordance with Regulation S under the Securities Act. JW Aluminum (PRNewsfoto/JW Aluminum) The net proceeds from the offering and cash on hand will be used to redeem the Company's outstanding 10.25% senior secured notes due 2026 (the "2026 Notes") on or about March 25, 2025 at a redemption price of 100.000% of
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