MONTREAL, CANADA — Alcan Inc. announced today that, on January 15, 2002, it will redeem all of its currently outstanding 8 7/8% US $150 million debentures due on January 15, 2022. The redemption will be at a price of 104.15%.
Alcan is a multinational, market-driven company and a global leader in aluminum and specialty packaging with revenues of approximately US$13 billion in 2000. 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 52,000 people and has operating facilities in 38 countries.
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