| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers A > Headlines for Alcoa Inc. > News item |
Moody’s: Alcoa remains negative
Moody's Investors Service said that following Alcoa Inc.'s Form 10 filing on Alcoa Upstream Corp. the outlook for the current Alcoa, which will become Arconic, remains negative.
The newly named Arconic will be the continuing or remaining company, will retain all of the current Alcoa's existing debt and an estimated $3 billion in pension and OPEB liabilities.
New details of the separation plan include that Arconic will retain just under 20% of the Alcoa Upstream, which will be renamed Alcoa Corp.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.