Howmet Aerospace looks at amending, extending $1 billion revolver

Chicago, Sept. 7 – Howmet Aerospace, Inc. is in discussions to extend and modify some of the terms of its $1 billion five-year revolving credit facility, according to an 8-K filing with the Securities and Exchange Commission on Tuesday morning.

The company is hoping to amend the provision on restricted payments to provide more flexibility.

Pittsburgh-based Howmet is a global provider of advanced engineered solutions for the aerospace and transportation industries.

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