07.08.2023 13:44:52 - dpa-AFX: ATI To Offer $400 Mln Of Sr. Notes

WASHINGTON (dpa-AFX) - ATI Inc. (ATI), a specialty materials company,
Monday said it intends to offer a series of $400 million of Senior Notes.

ATI plans to use up to $300 million of the net proceeds to fund its pension
liabilities, to implement pension de-risking strategies, and the remaining for
general corporate purposes.

Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and J. P. Morgan
Securities LLC are acting as the joint book-running managers for the offering.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ATI INC. DL-,01 931083 Frankfurt 55,260 06.06.24 10:34:53 +1,460 +2,71% 55,280 55,680 55,180 53,800

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