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ATI Announces Pricing of Senior Notes Offering
Fairfax says the offering is subject to market and regulatory risks, and the company may use proceeds for acquisitions and other strategic transactions.
- On Wednesday, ATI Inc. announced pricing of $450 million in senior notes carrying a 5.875% annual interest rate and maturing June 15, 2033.
- ATI intends to use net proceeds from the offering for general corporate purposes, including redemption of all outstanding senior notes due in 2027.
- Certain statements constitute forward-looking statements made pursuant to safe harbour provisions of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities regulations, subject to known and unknown risks.
- Copies of the prospectus supplement and accompanying prospectus are obtainable from Goldman Sachs, with Securities and Exchange Commission officials acting as joint book-running managers for the offering.
- Fairfax disclaims any obligation to update or revise forward-looking statements except as required by applicable securities law, cautioning that actual results may differ materially from those expressed or implied.
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ATI Announces Pricing of Senior Notes Offering
DALLAS, June 3, 2026 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced today that it has priced its public offering of senior notes. ATI has agreed to sell $450 million aggregate principal amount of 5.875% Senior Notes due 2033 (the "Notes").…
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