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Alcoa (AA) Subsidiary to Redeem $500M of Notes Using Cash

Alcoa (AA) Subsidiary to Redeem $500M of Notes Using Cash

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Alcoa (AA) to redeem 7.00% notes due to expire in 2026 through its subsidiary Alcoa Nederland. The redemption will be funded with available cash and it will help strengthen the balance sheet.

...read full article on Zacks Investment Research

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