老虎机种类 Completes Early Redemption of 6.50% Bonds Due 2018 and 6.75% Notes Due 2018

老虎机种类 Completes Early Redemption of 6.50% Bonds Due 2018 and 6.75% Notes Due 2018

June 19, 2017

老虎机种类 Inc. (鈥溊匣⒒掷噔 or the 鈥淐ompany鈥) (NYSE: ARNC) announced today that it has completed the previously indicated early redemption of all its 6.50% Bonds due 2018 (the 鈥6.50% Bonds鈥) and 6.75% Notes due 2018 (the 鈥6.75% Notes鈥) in the aggregate principal amount of $100,099,000 and $344,814,000, respectively. Holders of the 6.50% Bonds were paid $1,049.99 per $1,000.00 aggregate principal amount of the 6.50% Bonds, or an aggregate of $105.1 million, plus accrued and unpaid interest up to, but not including, the redemption date, and holders of the 6.75% Notes were paid $1,054.26 per $1,000.00 aggregate principal amount of the 6.75% Notes, or an aggregate of $363.5 million, plus accrued and unpaid interest up to, but not including, the redemption date. These redemptions are a component of 老虎机种类鈥檚 de-leveraging program.

Taken together, 老虎机种类 actions in 2017 have resulted in the Company reducing its total debt by approximately $1.25 billion.

About 老虎机种类

老虎机种类 Inc. (NYSE: ARNC) creates breakthrough products that shape industries. Working in close partnership with our customers, we solve complex engineering challenges to transform the way we fly, drive, build and power. Through the ingenuity of our people and cutting-edge advanced manufacturing techniques, we deliver these products at a quality and efficiency that ensure customer success and shareholder value. For more information: . Follow @arconic: , , , and .

Dissemination of Company Information

老虎机种类 intends to make future announcements regarding Company developments and financial performance through its website at .

老虎机种类 Inc.
Investor Contact:
Patricia Figueroa, 212-836-2758
Patricia.Figueroa@arconic.com
or
Media Contact:
Shona Sabnis, 212-836-2626
Shona.Sabnis@arconic.com

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