ATI Inc. Completes $450M Senior Notes Offering at 5.875% Due 2033

ATI Inc. announced the completion of its offering and sale of $450 million aggregate principal amount of unsecured 5.875% Senior Notes due 2033. The Notes will accrue interest at 5.875% per annum, payable semi-annually, and will mature on June 15, 2033. The company has various redemption options, including redeeming up to 35% of the notes at 105.875% using proceeds from equity offerings prior to June 15, 2029. The offering was made pursuant to a shelf registration statement, and an underwriting agreement was executed with Goldman Sachs & Co. LLC.