US EditionNovelis Announces Results of Tender Offer for 3.250% Senior Notes due November 2026
- As of 5:00 p.m. on August 15, 2025, $738,116,000 of Novelis's Notes were validly tendered, equating to 98.4% of the outstanding principal amount of $750,000,000.
- Holders must deliver their Notes through guaranteed delivery procedures by 5:00 p.m. on August 19, 2025, to receive the offered payment.
- Validly tendered holders will receive $997.50 per $1,000 principal amount of Notes on the Settlement Date, expected to be August 18, 2025.
- Unused Notes will be redeemed by the Company in line with the indenture governing the Notes.
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Novelis Announces Results of Tender Offer for 3.250% Senior Notes due November 2026
ATLANTA, Aug. 15, 2025 /PRNewswire/ -- Novelis Inc. (the "Company") announced today the results of its indirect wholly-owned subsidiary, Novelis Corporation's (the "Issuer") previously announced cash tender offer for any and all of its 3.250% Senior Notes due November 2026…
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Total News Sources77
Leaning Left13Leaning Right4Center21Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 34%
C 55%
11%
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