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Published on 5/27/2011 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Alcoa calls $283.9 million 5.375% notes due Jan. 15, 2013 at par

By Melissa Kory

Cleveland, May 27 - Alcoa, Inc. said it will redeem its $283,902,000 of 5.375% notes due Jan. 15, 2013 on June 28.

The make-whole call is at Treasuries plus 20 basis points. Holders will also receive accrued interest to the redemption date.

Bank of New York Mellon Trust Co., NA is the redemption agent.

Alcoa is a Pittsburgh-based producer of primary aluminum, fabricated aluminum and alumina.


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