Alcan Inc. Euro 600 Million Euro Notes Issue

Apr 25, 2001, 01:00 ET from Alcan Inc.

    MONTREAL, April 25 /CNW/ - Alcan Inc. announced today the public offering
 of euro 600 million, of 5.5% euro notes due 2006. The notes are priced at
 99.818% of their principal amount to yield 5.5425% with interest payable
 annually.
     The issue is being lead by Morgan Stanley & Co. International Limited and
 Credit Suisse First Boston (Europe) Limited.
     Net proceeds to the Company from the sale of the Notes will be used to
 repay debt outstanding under bank credit facilities and commercial paper
 borrowings issued at variable interest rates.
     Alcan is a multinational, market-driven company and a global leader in
 aluminum and specialty packaging with annual revenues of approximately US$13
 billion. With world-class operations in primary aluminum, fabricated aluminum
 as well as flexible and specialty packaging, Alcan is well positioned to meet
 and exceed its customers' needs for innovative solutions and service. Alcan
 employs 53,000 people and has operating facilities in 39 countries.
 
 

SOURCE Alcan Inc.
    MONTREAL, April 25 /CNW/ - Alcan Inc. announced today the public offering
 of euro 600 million, of 5.5% euro notes due 2006. The notes are priced at
 99.818% of their principal amount to yield 5.5425% with interest payable
 annually.
     The issue is being lead by Morgan Stanley & Co. International Limited and
 Credit Suisse First Boston (Europe) Limited.
     Net proceeds to the Company from the sale of the Notes will be used to
 repay debt outstanding under bank credit facilities and commercial paper
 borrowings issued at variable interest rates.
     Alcan is a multinational, market-driven company and a global leader in
 aluminum and specialty packaging with annual revenues of approximately US$13
 billion. With world-class operations in primary aluminum, fabricated aluminum
 as well as flexible and specialty packaging, Alcan is well positioned to meet
 and exceed its customers' needs for innovative solutions and service. Alcan
 employs 53,000 people and has operating facilities in 39 countries.
 
 SOURCE Alcan Inc.