Pennsylvania Business Report
Alcoa prices $2.6B debt offering to fund purchase of bauxite, alumina and aluminum assets
Pittsburgh-based Alcoa has priced a $2.6 billion senior note offering to finance the cash portion of its acquisition of South32's bauxite, alumina and aluminum assets, a move that will advance one of the largest deals in the company's recent history. The notes will be issued by two companies, both wholly-owned Alcoa subsidiaries, and will be guaranteed on a senior unsecured basis by Alcoa and certain subsidiaries. Alumina Pty Ltd will issue notes consisting of $1.5 billion aggregate principa...
Read More
Pennsylvania secures $1.6M expansion investment from Philips
September 10, 2026
Penn State launches National Security Institute
September 9, 2026
MSA Safety launches vacuum anchor for aircraft maintenance
September 11, 2026
Philadelphia Works awarded $851,000 federal grant
September 10, 2026
Aramark’s credit rating upgraded
September 10, 2026
DOE officials visits PPL Electric Utilities’ Allentown facility
September 9, 2026
Burlington Stores moving headquarters to West Philadelphia
September 8, 2026
U. S. Steel completes Gary Works blast furnace project
September 8, 2026
Hershey names next chief financial officer
September 4, 2026
Pittsburgh startup bank selects technology provider
September 4, 2026
Central Valley School District renews AI weapon detection software
September 3, 2026
Mid Penn Bancorp appoints new board of directors member
September 3, 2026
Chobani purchasing Allentown facility
September 2, 2026