3/12/2025 | BK | Novelis amends ABL to add flexibility, release parent from restrictions
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2/11/2025 | BKGNHY | Moody's rates Novelis loan Ba1
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2/10/2025 | BKGNHY | S&P rates Novelis loan BBB-
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1/8/2025 | BKCVDDEMIGPV | Market Commentary: Novelis drives by; Norwegian Cruise, Kimmeridge at a premium; Calpine jumps on acquisition
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1/8/2025 | BKGNHY | Moody’s rates Novelis notes Ba3
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12/10/2024 | BK | Novelis amends credit agreements for increased flexibility
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12/6/2024 | BKGNHY | Moody’s turns Novelis view to negative
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2/16/2024 | BKGNHY | S&P revises Novelis outlook to negative
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9/29/2023 | BK | Novelis ALR borrows $750 million tranche A-2 refinancing term loans
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8/31/2022 | BKGNHY | Moody’s raises Novelis
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8/19/2022 | BK | Novelis lifts ABL facility to $2 billion, extends maturity to 2027
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6/14/2022 | BKGNHY | S&P raises Novelis recovery rating
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2/7/2022 | BKBWGNHYLM | Novelis cuts leverage a full turn to 2.3x in one year despite Covid
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8/4/2021 | BKBWHY | Novelis sees record LTM EBITDA, improving leverage to target of 2.5x
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7/26/2021 | BKGNHY | Moody's rates Novelis notes B1
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7/26/2021 | BKGNHY | S&P gives Novelis notes BB
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7/22/2021 | BK | S&P lowers MEIF 5 Arena
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7/22/2021 | BKGNHY | S&P upgrades Novelis
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3/22/2021 | BK | Moody’s rates Instant Brands loan Ba3
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3/22/2021 | BK | Moody’s rates Instant Brands loan Ba3
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3/22/2021 | BKGNHY | Moody's rates Novelis bonds B1
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3/22/2021 | BKGNHY | S&P assigns Novelis notes BB-
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3/22/2021 | BK | Novelis to repay portion of $1.8 billion in term loans
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8/26/2020 | BK | Novelis extends $1.1 billion short-term credit agreement to 2022
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3/27/2020 | BK | Novelis borrows $544 million under revolving credit facility
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2/27/2020 | BK | Novelis enters agreement for $1.88 billion add-on, short-term loans
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1/13/2020 | BK | S&P trims Advisor Group, rates notes B
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1/13/2020 | BKHY | Moody’s rates Novelis notes B2
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7/16/2019 | BKHY | Moody’s changes Novelis view
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4/18/2019 | BK | Novelis to increase ABL facility to $1.5 billion, extends it to 2024
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11/2/2018 | BKHY | Novelis gets $2.28 billion debt commitment for Aleris purchase
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7/26/2018 | BKHY | Moody’s changes Novelis to negative
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7/26/2018 | BK | Novelis intends to use new debt financing for Aleris purchase
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6/29/2018 | BKHY | S&P elevates Novelis, notes
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2/1/2018 | BKBWHY | Novelis awaits record free cash flow in 2018; leverage ratio improves
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9/15/2017 | BK | Novelis extends ABL facility, reduces pricing, amends covenants
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8/9/2017 | BKHY | S&P changes Novelis view to positive
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1/13/2017 | BK | Novelis closes $1.8 billion term loan due 2022 at Libor plus 185 bps
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11/7/2016 | BKBWHYLM | Novelis pays $200 million of debt; aims at $300 million of cash flow
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9/22/2016 | BKCVDDEMIGPV | Market Commentary: Post-Fed primary ignites, led by upsized Alcoa, Targa megadeals; funds lose $273.5 million
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8/15/2016 | BKHY | S&P gives B to Novelis notes
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8/11/2016 | BKHY | Moody’s raises Novelis view to stable
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2/9/2016 | BKBWHY | Novelis ends quarter with $946 million liquidity, aims at 4x leverage
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5/28/2015 | BK | Market Commentary: Novelis, HealthPort, TouchTunes break; Avago term loan gains with Broadcom acquisition news
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5/27/2015 | BK | Market Commentary: American Gaming breaks; Novelis, Physiotherapy Associates, Hyland Software update deals
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5/27/2015 | BK | Novelis finalizes $1.8 billion term loan at Libor plus 325 bps
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5/19/2015 | BKCAHY | S&P rates Novelis loan BB
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5/18/2015 | BK | Market Commentary: WideOpenWest, Aria Energy break; Par Pharmaceutical loans slide with acquisition by Endo
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5/18/2015 | BK | Novelis launches $1.8 billion term loan at Libor plus 300-325 bps
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5/18/2015 | BKHY | Moody’s applies Ba2 to Novelis loan
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5/15/2015 | BK | Market Commentary: Restaurant Brands, American Air break; Blue Coat, WOW, Physio, Flint, Energizer, CHG updated
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5/15/2015 | BK | Novelis to launch $1.8 billion term loan on Monday afternoon
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10/7/2014 | BK | Novelis lifts ABL facility, cuts pricing, extends maturity date
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8/7/2014 | BKBWHY | Novelis ends Q1 with debt flat at $4.4 billion, cash and equivalents of $337 million
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6/17/2014 | BKCAHY | Moody's confirms Novelis
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3/21/2014 | BKHY | Moody's might cut Novelis
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2/10/2014 | BKHY | Novelis ends fiscal Q3 with 'solid' liquidity, reports free cash flow of negative $61 million
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6/4/2013 | BK | Novelis negotiates $1 billion multicurrency revolver via Wells Fargo
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3/4/2013 | BK | Market Commentary: Web.com, Latisys, Novelis, Avis free up; Veyance Technologies, RegionalCare revise deals
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2/28/2013 | BK | Market Commentary: RCN, Apple Leisure, SRS, Fibertech, Encompass, PRA, CPP break; Huntsman slides with add-on
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2/25/2013 | BKEMHY | Novelis adapts and preps for growth in aluminum market, China
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2/21/2013 | BK | Novelis seeks term loan repricing at Libor plus 275 bps
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10/5/2012 | BK | Novelis revises OID to 993/4 on $80 million term loan priced at 300 bps
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10/5/2012 | BK | Market Commentary: Wolverine, RadNet, David's Bridal, Novelis break; TriMas, National Mentor tweak deals
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10/3/2012 | BK | Novelis seeks $80 million incremental term loan at Libor plus 300 bps
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8/30/2012 | BKHY | Moody's cuts Novelis to SGL-3
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12/2/2011 | BKHY | S&P: Novelis loan unchanged
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12/2/2011 | BK | Market Commentary: Novelis breaks; Arizona Chem rises; Capital Safety, Datatel, Lord & Taylor set launches
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12/1/2011 | BK | Novelis prices $225 million incremental term loan B at OID of 971/2
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12/1/2011 | BK | S&P: Novelis unchanged
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12/1/2011 | BK | Market Commentary: Novelis dips with add-on news; Global Tel breaks; 99 Cents, Liqui-Box, VeriFone set talk
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8/9/2011 | BKHY | Novelis announces fiscal Q1 free cash flow of negative $194 million
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5/26/2011 | BKHY | Novelis ends fiscal year with $1.1 billion liquidity but won't cut debt
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3/10/2011 | BK | Market Commentary: IMS Health, Capital Automotive, Novelis, Transtar, JMC break; Advantage Sales pulls loan
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2/28/2011 | BK | Novelis launches repricing of $1.5 billion senior secured term loan B at Libor plus 300 bps
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2/28/2011 | BK | Market Commentary: Texas Competitive trades up with alleged default; Visant, Vantage Oncology, Playboy break
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12/17/2010 | BK | Market Commentary: Intelsat, Big West, FilmYard, Advantage Sales, Remy, Language Line break; Citadel slides
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12/13/2010 | BK | Market Commentary: Novelis, Smile Brands, HarbourVest break; Nuveen rises; Mirion pulls deal; CNO tweaks loan
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12/9/2010 | BK | Novelis cuts pricing on $1.5 billion term B to Libor plus 375 bps
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12/9/2010 | BK | Market Commentary: Vonage prices, breaks; Applied Systems frees up; AutoTrader, Novelis, HDT, MGM tweak deals
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12/7/2010 | BKHY | Moody's downgrades Novelis
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11/30/2010 | BK | Novelis launches $1.5 billion term loan B at Libor plus 400-425 bps
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11/30/2010 | BK | Market Commentary: Amscan, MLM break; Bresnan Communications, Six Flags revise deals; Cenveo reveals loan size
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11/30/2010 | BKHY | Moody's reviews Novelis
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11/30/2010 | BKHY | S&P: Novelis outlook stable
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11/29/2010 | BK | Market Commentary: Advantage Sales up on buyout; Ascend Learning tweaks deal, Orleans, ResCare launches delayed
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11/29/2010 | BK | Novelis to launch $1.5 billion six-year term loan B on Tuesday
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8/10/2010 | BKBWHY | Novelis ends quarter with $1.1 billion of liquidity, focused on capital-allocation options
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7/1/2010 | BKHY | Moody's ups Novelis
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11/17/2009 | BKHY | Moody's ups Novelis outlook to stable
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8/5/2009 | BKHY | Moody's cuts some Novelis notes to Caa1
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8/5/2009 | BKHY | S&P rates Novelis notes B-
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8/4/2009 | BK | Novelis to repay some revolver and unsecured debt with notes proceeds
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7/15/2009 | BKHY | S&P downgrades Novelis
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6/29/2009 | BKBWHY | Novelis says $410 million of liquidity at May 31 an adequate amount
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3/19/2009 | BK | Novelis borrows $220 million incremental term loan
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2/17/2009 | BK | Novelis gets $100 million credit facility
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1/30/2009 | BKHY | Moody's downgrades Novelis
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3/28/2008 | BKHY | S&P: Novelis outlook stable
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7/24/2007 | BKHY | Fitch affirms Novelis
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7/3/2007 | BK | Market Commentary: Novelis breaks; Movie Gallery levels tighten, rise as market digests news; ServiceMaster firms OID
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6/21/2007 | BKHY | S&P assigns Novelis loan BB
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6/6/2007 | BK | Novelis seeks $1.76 billion credit facility
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6/6/2007 | BKHY | Moody's rates Novelis loan Ba2, cuts notes to B3
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6/4/2007 | BKHY | S&P affirms Novelis
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5/2/2007 | BK | Market Commentary: Baker tweaks deal; Kinder shifts funds; Jason firms pricing; Riviera sets talk; UBS wins portfolio
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4/23/2007 | BK | Novelis launches $150 million term loan B add-on
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2/13/2007 | BKHY | Fitch puts Novelis on negative watch
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2/12/2007 | BKHY | Moody's may downgrade Novelis
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2/12/2007 | BKHY | S&P: Novelis on developing watch
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1/26/2007 | BK | Market Commentary: Prism upsizes, trims second-lien pricing; Green Valley retranches, cuts spreads; Novelis widens
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10/20/2006 | BK | Novelis repays some term loan debt in the second quarter
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10/11/2006 | BKHY | Fitch rates Novelis loans BB, notes B
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9/29/2006 | BK | Novelis extends backstop facility commitment, seeks amendments to covenants
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9/27/2006 | BKHY | Moody's introduces new ratings
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9/5/2006 | BKHY | Moody's downgrades Novelis
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8/25/2006 | BKDDHY | Novelis gets second notice of default for 71/4% notes, second waiver from lenders; may tender for notes
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8/11/2006 | BK | Novelis gets waiver, extending financial filing deadlines
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8/1/2006 | BK | Novelis gets commitment for $2.855 billion backstop financing facility
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7/26/2006 | BKDDHY | S&P keeps Novelis on watch
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7/25/2006 | BKDDHY | Novelis gets notice of default for 71/4% notes, will request second waiver from lenders
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6/22/2006 | BKHY | S&P: Novelis still on watch
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5/16/2006 | BKHY | Moody's may lower Novelis
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5/16/2006 | BK | Novelis gets waiver of financial filing delay
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5/4/2006 | BK | Novelis asks loan lenders for waiver of financial filing deadlines
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5/1/2006 | BK | Novelis expects to speak with lenders to waive filing deadlines
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4/13/2006 | BK | Novelis gets loan waiver to again extend financial filing deadlines
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4/7/2006 | BKHY | S&P puts Novelis on negative watch
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4/6/2006 | BK | Novelis asks lenders for more time to deliver results
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2/14/2006 | BK | Novelis gets loan waiver, extending financial filing deadlines
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11/9/2005 | BK | Market Commentary: J. Crew pulls deal; Ameristar breaks; Novelis creeps higher; Blockbuster seesaws; Acco off on numbers
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11/8/2005 | BKHY | S&P: Novelis unaffected
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11/7/2005 | BK | Market Commentary: Giant Eagle breaks; F&W rollercoasters; Novelis dips on restatement; Clarke, Recycled Paper talk emerges
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9/20/2005 | BK | Novelis amends loan to aid in continued debt repayment
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1/19/2005 | BK | S&P rates Novelis notes B
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1/13/2005 | BK | Moody's rates Novelis notes B1
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1/5/2005 | BK | Market Commentary: Novelis term loan B breaks around 101; Syniverse reveals price talk on $290 million credit facility
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12/15/2004 | BK | Market Commentary: Novelis, NRG cut pricing on all tranches; Dollarama breaks around 101; Gate Gourmet lower
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12/7/2004 | BK | Market Commentary: Texas Genco, Carrols cuts B loan spread; Federal-Mogul, Polar break for trading
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11/30/2004 | BK | Moody's rates Novelis loans Ba2
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11/29/2004 | BK | Moody's rates Novelis loans BB-
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11/24/2004 | BK | Novelis $2 billion credit facility to launch Monday
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