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Arconic completes redemption of notes worth $500M

Arconic Inc. said it redeemed 5.72% notes worth $500 million, due in 2019.

The notes holders were paid an aggregate principal amount of $516.8 million. Individual note holders were paid $1,033.60 per $1,000.00 aggregate principal amount plus accrued and unpaid interest up to, but not including, the redemption date.