Constellium Prices Company's Notes Offering

Core Viewpoint - Constellium SE has announced a private offering of €300 million and $350 million in senior unsecured notes due 2032, with the intention to use the proceeds to redeem existing senior notes due 2026 [5][16]. Group 1: Notes Offering Details - The Notes Offering consists of €300 million of euro-denominated senior unsecured notes and $350 million of U.S. dollar-denominated senior unsecured notes, both maturing in 2032 [5]. - The Euro Notes will have an interest rate of 5.375% per annum, while the USD Notes will bear an interest rate of 6.375% per annum, payable semiannually [6]. - The offering is expected to close on August 8, 2024, subject to customary closing conditions [6]. Group 2: Redemption of Existing Notes - The Company plans to redeem all outstanding 5.875% Senior Notes and 4.250% Senior Notes due 2026 using the net proceeds from the Notes Offering [16]. - The redemption date for the 2026 Notes is expected to be August 26, 2024, with a redemption price of 100% of the principal amount plus accrued interest [1][16]. Group 3: Target Market and Distribution - The target market for the Notes is limited to eligible counterparties and professional clients, as defined under MiFID II [2][10]. - The Notes are not intended for retail investors in the UK or the European Economic Area (EEA), and no key information document has been prepared for retail investors [3][4][8].