Century Aluminum Co., founded in 1996 and headquartered in Monterey, California, is a leading producer of primary aluminum and a key player in the aluminum industry. The company focuses on providing high-quality aluminum products for a variety of industries, including aerospace, automotive, and construction.
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Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Century Aluminum has a history of bond issuances that reflect its operational needs and market conditions. The company first issued bonds in 2002, and subsequent significant issuances include a $250 million senior secured note in 2011 which helped refinance existing debt. Recent market trends show Century Aluminum's bonds yielding around 6.5%, which is competitive within the industry, especially given the volatility in aluminum prices. In 2022, the company announced plans for a $200 million bond offering to fund expansion projects, highlighting its commitment to growth and investor interest in its financial strategies.