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Subsequent Event
6 Months Ended
Jun. 30, 2013
Schedule Of Subsequent Events Disclosures [Abstract]  
Subsequent Event

Note 14. Subsequent Event

 

On July 12, 2013, ATI issued $500 million aggregate principal amount of 5.875% Senior Notes due 2023 (the “2023 Notes”). Interest on the 2023 Notes is payable semi-annually in arrears at a rate of 5.875% per year and will mature on August 15, 2023, unless redeemed or repurchased earlier. The Company intends to use net proceeds from the offering of the Senior Notes for general corporate purposes which may include repurchases, repayment or refinancing of debt, capital expenditures, additions to working capital, the financing of future acquisitions or strategic combinations.