newsfilter
← Latest News
Business Wire·

Kaiser Aluminum Corporation Extends $575 Million Senior Secured Revolving Credit Facility

  • Kaiser Aluminum Corporation extended its $575 million senior secured revolving credit facility for up to five additional years, with a new maturity date of October 2030.
  • The facility amendment, effective October 14, 2025, incorporates improved terms to provide greater operational flexibility.
  • Gross borrowing availability under the facility stands at $575 million based on eligible accounts receivable, inventory, & other assets.
  • As of the effective date, the facility includes $15 million in outstanding letters of credit with no outstanding loans.
  • CEO Keith A. Harvey stated the extension underscores the company's financial strength & confidence in its long-term strategy.
  • Kaiser Aluminum produces semi-fabricated specialty aluminum products for aerospace, packaging, automotive, & industrial applications.
  • The company is headquartered in Franklin, Tennessee, & its stock is included in the Russell 2000® & S&P Small Cap 600® indices.
  • Forward-looking statements in the release address risks such as economic conditions, supply chain issues, & market demand fluctuations.