HOWMET AERO. 21/29HOWMET AERO. 21/29HOWMET AERO. 21/29

HOWMET AERO. 21/29

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Key terms


Outstanding amount
‪700.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
3.00% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.28%
Maturity date
Jan 15, 2029
Term to maturity
4 years

About HOWMET AERO. 21/29


Sector
Electronic Technology
Industry
Aerospace & Defense
Home page
Issue date
Sep 1, 2021
Howmet Aerospace, Inc. engages in the development and manufacturing of lightweight metal products. It operates through the following segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment produces investment castings, including airfoils, and seamless rolled rings primarily for aircraft engines (aerospace commercial and defense) and industrial gas turbines. The Fastening Systems segment is involved in producing aerospace fastening systems and commercial transportation fasteners. The Engineered Structures segment includes titanium ingots and mill products for aerospace and defense applications and is vertically integrated to produce titanium forgings, extrusions forming and machining services for airframe, wing, aero-engine, and landing gear components. The Forged Wheels segment provides forged aluminum wheels and related products for heavy-duty trucks, trailers, and buses globally. The company was founded in 1888 and is headquartered in Pittsburgh, PA.
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