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Kaiser Aluminum commits $575 million to revolving credit facility

Kaiser Aluminum Corporation of Franklin, Tennessee, a leading producer of semi-fabricated specialty aluminum products, announced October 16 that it has extended its $575 million senior secured revolving credit facility for up to an additional five years, subject to certain conditions, now maturing in October 2030.

The facility has also been modified to incorporate certain improved terms offering greater operational flexibility, per a Kaiser press release. The extension and amendment of the facility became effective on October 14, 2025, and as of such date, gross borrowing availability under the facility was $575 million based upon a borrowing base of eligible accounts receivable, inventory, and certain other assets. As of the effective date, under the facility, there were outstanding letters of credit totaling $15 million and no outstanding loans.

“We are pleased to announce the successful extension of our revolving credit facility, underscoring the continued strength of our financial position and the confidence our lending partners place in our long-term strategy,” said Keith A. Harvey, Chairman, President and Chief Executive Officer. “This action positions us well to continue executing on our growth initiatives while maintaining financial flexibility.”