Current Report Filing (8-k)
June 23 2017 - 4:39PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 23, 2017 (June 19, 2017)
ARCONIC INC.
(Exact
name of registrant as specified in its charter)
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Pennsylvania
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1-3610
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25-0317820
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(State or other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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390 Park Avenue, New York, New York
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10022-4608
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(Address of Principal Executive Offices)
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(Zip Code)
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Office of Investor Relations
212-836-2758
Office of the Secretary
212-836-2732
(Registrants telephone number, including
area code)
(Former Name or Former Address, if Changed Since
Last Report)
Check the appropriate box below if the
Form 8-K
filing is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following provisions:
☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting material pursuant to
Rule 14a-12
under the Exchange Act (17 CFR
240.14a-12)
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☐
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Pre-commencement
communications pursuant to
Rule 14d-2(b) under
the Exchange Act (17 CFR
240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to
Rule 13e-4(c) under
the Exchange Act (17 CFR
240.13e-4(c))
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Indicate by check mark whether the registrant is an emerging growth company as
defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2
of the Securities Exchange Act of 1934
(§240.12b-2
of this chapter).
Emerging growth company ☐
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange
Act. ☐
On June 19, 2017, Arconic Inc. (Arconic or the Company)
announced the completion of the early redemption of all of its 6.50% Bonds due 2018 (the 6.50% Bonds) and 6.75% Notes due 2018 (the 6.75% Notes) in the aggregate principal amount of $100,099,000 and $344,814,000,
respectively. Holders of the 6.50% Bonds were paid $1,049.99 per $1,000.00 aggregate principal amount of the 6.50% Bonds, or an aggregate of $105.1 million, plus accrued and unpaid interest up to, but not including, the redemption date, and
holders of the 6.75% Notes were paid $1,054.26 per $1,000.00 aggregate principal amount of the 6.75% Notes, or an aggregate of $363.5 million, plus accrued and unpaid interest up to, but not including, the redemption date. These redemptions are
a component of Arconics
de-leveraging
program.
Taken together, Arconic actions in 2017 have resulted in the
Company reducing its total debt by approximately $1.25 billion.
A copy of the Companys press release regarding the foregoing is attached
hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01.
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Financial Statements and Exhibits.
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(d) Exhibits
The following is filed as an exhibit to this report:
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Exhibit No.
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Description
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99.1
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Arconic Inc. press release, issued June 19, 2017.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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ARCONIC INC.
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Dated: June 23, 2017
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By:
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/s/ Katherine H. Ramundo
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Name:
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Katherine H. Ramundo
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Title:
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Executive Vice President, Chief Legal Officer and Secretary
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EXHIBIT INDEX
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Exhibit No.
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Exhibit
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99.1
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Arconic Inc. press release, issued June 19, 2017.
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