On January 17, 2024, Alcoa amended its Revolving Credit Facility to provide the Company flexibility to implement its portfolio actions during 2024; terms include a temporary reduction of the minimum interest coverage ratio required thereunder from 4.00 to 1.00 to 3.00 to 1.00, and an increase to the maximum addback for cash restructuring charges to Consolidated EBITDA (as defined in the Revolving Credit Facility), in each case for the 2024 fiscal year. In connection with the amendment, Alcoa also agreed to provide collateral for its obligations under the Revolving Credit Facility, with a ratings-based release mechanism that would apply starting in 2025.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
37.49 USD | +0.24% |
|
-6.76% | +10.26% |
06-18 | Transcript : Alcoa Corporation Presents at 2024 J.P. Morgan Energy, Power and Renewables Conference, Jun-18-2024 09:10 AM | |
06-14 | Australian Shares Slide Ahead of RBA Rate Decision | MT |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+10.26% | 6.73B | |
+7.73% | 18.08B | |
+43.85% | 16.55B | |
-6.40% | 12.13B | |
+29.46% | 6.84B | |
+51.37% | 6.67B | |
-.--% | 5.94B | |
+40.11% | 4.15B | |
+2.42% | 3.37B | |
+76.80% | 3.1B |
- Stock Market
- Equities
- AA Stock
- News Alcoa Corporation
- Alcoa Corporation Amends Its Revolving Credit Facility