07 Oct 2026
Alumina Pty Ltd and Alcoa Nederland Holding B.V. $2.6 Billion High‑Yield Senior Notes Offering
"Cravath represented the initial purchasers in a $2.6 billion 144A/Reg S high‑yield senior notes offering by Alumina Pty Ltd and Alcoa Nederland Holding B.V., wholly owned subsidiaries of Alcoa Corporation. Proceeds will finance Alcoa’s acquisition of South32 Limited’s interests in a bauxite mine, an alumina refinery and certain smelter operations; the deal closed Sept 23, 2026."