Foothill Ranch-based Kaiser Aluminum Corp. (Nasdaq: KALU) will add $50 million to a private placement of senior notes it said last week it planned to offer, bringing the total sought to $350 million.
The 6.5% notes are due in 2025; proceeds are for general corporate purposes.
Shares were trading about 8% higher after the news, to a $1.2 billion market cap.
