Alcoa Corporation filed a Form 8-K on March 3, 2025, announcing a proposed $1 billion senior notes offering by its wholly-owned subsidiary, Alumina Pty Ltd. Additionally, its subsidiary Alcoa Nederland Holding B.V. (ANHBV) has launched cash tender offers to repurchase up to $750 million of its 5.500% Notes due 2027 and up to $250 million of its 6.125% Notes due 2028. The senior notes offering is not contingent on the tender offers.

The company also disclosed that, following its acquisition of Alumina Limited on August 1, 2024, certain subsidiaries have provided guarantees and collateral to secure obligations under Alcoa’s and ANHBV’s credit facilities and outstanding senior notes. Press releases regarding the transactions are included as Exhibits 99.1 and 99.2.