Company: CENX
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050200
Chunk: 47

Company: CENTURY ALUMINUM CO
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 47
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7.8 $7.8 U.S. Revolving Credit Facility(2)— 20.0 Iceland Revolving Credit Facility(3)16.5 34.0 Grundartangi Casthouse Facility, net of financing fees of $1.5 million at September 30, 2025(4)115.0 9.0 Debt classified as non-current liabilities:Grundartangi Casthouse Facility(4)— 114.2 Vlissingen Credit Facility(5)— 10.0 7.5% senior secured notes due April 1, 2028— 248.1 2.75% convertible senior notes due May 1, 2028, net of financing fees of $0.9 million at September 30, 2025, interest payable semiannually85.4 85.1 6.875% senior secured notes due August 1, 2032, net of financing fees of $6.1 million at September 30, 2025, interest payable semiannually393.8 — Total$618.5 $528.2 (1)The IRBs are classified as current liabilities because they are remarketed weekly and could be required to be repaid upon demand if there is a failed remarketing. The interest rate at September 30, 2025 was 3.02%.(2)We incur interest at a base rate plus applicable margin as defined within the agreement. The interest rate at September 30, 2025 was 7.75%.(3)We incur interest at a base rate plus applicable margin as defined within the agreement. The interest rate at September 30, 2025 was 7.66%.(4)We incur interest at a base rate plus applicable margin as defined within the agreement. The interest rate at September 30, 2025 was 7.89%.(5)We incur interest at a base rate plus applicable margin as defined within the agreement. The interest rate at September 30, 2025 was 7.83%.6.875% Senior Secured Notes due 2032In July 2025, we issued $400.0 million in aggregate principal amount of 6.875% of senior secured notes due August 1, 2032 (the "2032 Notes"). We received proceeds of $393.7 million after payment of certain financing fees and related expenses.