Kaiser Aluminum Extends $575 Million Senior Secured Revolving Credit Facility

KALU
October 17, 2025

On October 17, 2025, Kaiser Aluminum Corporation announced that it has extended its $575 million senior secured revolving credit facility for up to an additional five years, with the new maturity set for October 2030. The extension also incorporates improved terms designed to provide greater operational flexibility for the company.

The extension gives Kaiser continued access to liquidity that can be drawn on for working‑capital needs and future capital expenditures, while the senior secured status ensures priority in the event of default. By extending the facility’s maturity, the company reduces refinancing risk and secures a stable source of funding for its ongoing strategic investments at the Warrick and Trentwood sites.

The improved terms are expected to lower borrowing costs and provide the company with greater flexibility to manage its debt profile. This move signals lender confidence in Kaiser’s financial position and supports the company’s ability to fund its planned capacity expansions and other growth initiatives without incurring additional debt at potentially higher rates.

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