Allegheny Ludlum Corp, founded in 1907 and headquartered in Brackenridge, Pennsylvania, specializes in the manufacture of specialty metals, particularly stainless and nickel alloys. The company serves diverse industries, including aerospace, automotive, and energy, providing high-performance materials that meet stringent quality standards.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ATI 6.95% 2025-12-15 USDAllegheny Ludlum Corp | United States | 2025-12-15 | 6.950 | 5.48 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The company began issuing bonds in the early 2000s to support its expansion and modernization efforts. A notable issuance in 2014 involved $500 million in senior notes, which were utilized to refinance existing debt and enhance liquidity. As of 2023, its bonds reflect yields slightly above the industry average due to recent fluctuations in the metal market; however, they remain attractive for investors seeking stability in the high-yield segment. Recent news indicates a strategic focus on sustainability, which could impact future bond offerings and investor interest.