Howmet Aerospace Inc, founded in 2016 and headquartered in Pittsburgh, Pennsylvania, operates within the aerospace and engineering sector with a focus on advanced manufacturing solutions. The company is recognized for its cutting-edge aerospace components and technologies, including high-performance metal and aluminum products essential for commercial and defense aircraft.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ARNC 3.00% 2029-01-15 USDHowmet Aerospace Inc | United States | 2029-01-15 | 3.000 | 3.91 |
| ARNC 4.55% 2032-11-15 USDHowmet Aerospace Inc | United States | 2032-11-15 | 4.550 | 4.26 |
| ARNC 4.85% 2031-10-15 USDHowmet Aerospace Inc | United States | 2031-10-15 | 4.850 | 4.16 |
| ARNC 5.90% 2027-02-01 USDHowmet Aerospace Inc | United States | 2027-02-01 | 5.900 | 4.02 |
| ARNC 5.95% 2037-02-01 USDHowmet Aerospace Inc | United States | 2037-02-01 | 5.950 | 4.93 |
| ARNC 6.75% 2028-01-15 USDHowmet Aerospace Inc | United States | 2028-01-15 | 6.750 | 3.90 |
| ARNC 6.88% 2025-05-01 USDHowmet Aerospace Inc | United States | 2025-05-01 | 6.875 | 6.88 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Howmet Aerospace began issuing bonds shortly after its formation, with a notable $500 million senior notes offering in 2020 to fund capital initiatives and repay existing debt. As of October 2023, the company has two primary bond series issued, with yields averaging around 4.5%, which is competitive compared to industry peers. In recent developments, Howmet's 2021 bond offering, which included green bond features, marked its commitment to sustainability initiatives, underscoring the company's innovative approach in both manufacturing and its financing strategy.