
Century Aluminum Co., founded in 1996 and headquartered in Monterey, California, is a leading producer of primary aluminum and a key player in the aluminum industry. The company focuses on providing high-quality aluminum products for a variety of industries, including aerospace, automotive, and construction.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
CENX 6.88% 2032-08-01 USDCentury Aluminum Co. | United States | 2032-08-01 | 6.875 | 6.32 |
CENX 7.50% 2028-04-01 USDCentury Aluminum Co. | United States | 2028-04-01 | 7.500 | 6.42 |
CENX 7.50% 2028-04-01 USDCentury Aluminum Co. | United States | 2028-04-01 | 7.500 | 6.42 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Century Aluminum has a history of bond issuances that reflect its operational needs and market conditions. The company first issued bonds in 2002, and subsequent significant issuances include a $250 million senior secured note in 2011 which helped refinance existing debt. Recent market trends show Century Aluminum's bonds yielding around 6.5%, which is competitive within the industry, especially given the volatility in aluminum prices. In 2022, the company announced plans for a $200 million bond offering to fund expansion projects, highlighting its commitment to growth and investor interest in its financial strategies.