WASHINGTON (dpa-AFX) - ATI Inc. (ATI), a specialty materials company, Monday said it intends to offer a series of $400 million of Senior Notes.
ATI plans to use up to $300 million of the net proceeds to fund its pension liabilities, to implement pension de-risking strategies, and the remaining for general corporate purposes.
Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and J. P. Morgan Securities LLC are acting as the joint book-running managers for the offering.
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