Constellium is launching a private offering of senior notes to redeem outstanding notes.

From GlobeNewswire: 2024-07-24 03:00:43

Constellium SE has announced a proposed private offering of €300 million euro denominated senior unsecured notes due 2032 and $350 million U.S. dollar denominated senior unsecured notes due 2032. The Company is aiming to use the net proceeds to redeem outstanding 5.875% Senior Notes due 2026 and 4.250% Senior Notes due 2026, along with paying related fees and expenses. The offering will be available to qualified institutional buyers in the U.S. and outside the U.S. under certain regulations. Additional information on the offering and market conditions must be considered. Constellium is a global leader in developing innovative aluminum products with 2023 revenue of €7.2 billion.



Read more at GlobeNewswire: Constellium Launches Proposed Senior Notes Offering