{"id":764910,"date":"2023-06-20T16:30:47","date_gmt":"2023-06-20T20:30:47","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/constellium-announces-partial-redemption-of-5-875-senior-notes-due-2026-2\/"},"modified":"2023-06-20T16:30:47","modified_gmt":"2023-06-20T20:30:47","slug":"constellium-announces-partial-redemption-of-5-875-senior-notes-due-2026-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/constellium-announces-partial-redemption-of-5-875-senior-notes-due-2026-2\/","title":{"rendered":"Constellium Announces Partial Redemption of 5.875% Senior Notes due 2026"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">PARIS, June  20, 2023  (GLOBE NEWSWIRE) &#8212; Constellium SE (NYSE: CSTM) (\u201cConstellium\u201d or the \u201cCompany\u201d) today announced that it has called for redemption $50,000,000 of the $300,000,000 outstanding aggregate principal amount of its 5.875% Senior Notes due 2026 (the \u201cNotes\u201d, and the redemption thereof, the \u201cRedemption\u201d), pursuant to that certain Indenture, dated as of November 9, 2017, among the Company, the guarantors party thereto, Deutsche Bank Trust Company Americas, as Trustee. The Company expects the redemption date for the Notes being redeemed to occur on July 20, 2023 (the \u201cRedemption Date\u201d). The redemption price for the Notes is 100.000% of the aggregate principal amount of the Notes redeemed, plus accrued and unpaid interest, if any, to the Redemption Date.<\/p>\n<p align=\"justify\">This press release shall not constitute an offer to sell, or a solicitation of an offer to purchase, any securities, shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful, and shall not constitute a notice of redemption.<\/p>\n<p align=\"justify\">\n        <strong>About Constellium<\/strong>\n      <\/p>\n<p align=\"justify\">Constellium (NYSE: CSTM) is a global sector leader that develops innovative, value added aluminium products for a broad scope of markets and applications, including aerospace, automotive and packaging. Constellium generated \u20ac8.1 billion of revenue in 2022.<\/p>\n<p align=\"justify\">\n        <strong>Forward-looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">Certain statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. This press release may contain \u201cforward-looking statements\u201d with respect to our business, results of operations and financial condition, and our expectations or beliefs concerning future events and conditions. You can identify forward-looking statements because they contain words such as, but not limited to, \u201cbelieves,\u201d \u201cexpects,\u201d \u201cmay,\u201d \u201cshould,\u201d \u201capproximately,\u201d \u201canticipates,\u201d \u201cestimates,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201ctargets,\u201d likely,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201ccould\u201d and similar expressions (or the negative of these terminologies or expressions). All forward-looking statements involve risks and uncertainties. Many risks and uncertainties are inherent in our industry and markets, while others are more specific to our business and operations. These risks and uncertainties include, but are not limited to: market competition; economic downturn; disruption to business operations; the Russian war on Ukraine; the inability to meet customer demand and quality requirements; the loss of key customers, suppliers or other business relationships; supply disruptions; excessive inflation; the capacity and effectiveness of our hedging policy activities; the loss of key employees; levels of indebtedness which could limit our operating flexibility and opportunities; and other risk factors set forth under the heading \u201cRisk Factors\u201d in our Annual Report on Form 20-F, and as described from time to time in subsequent reports filed with the U.S. Securities and Exchange Commission. The occurrence of the events described and the achievement of the expected results depend on many events, some or all of which are not predictable or within our control. Consequently, actual results may differ materially from the forward-looking statements contained in this press release. We undertake no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by law.<\/p>\n<p align=\"justify\">\n        <strong>CONSTELLIUM<\/strong><br \/>\n        <br \/>\n        <strong>Jason Hershiser<\/strong>\u2013 Investor Relations<br \/>Phone: +1 (443) 988-0600<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=asQrMbna7m7QWcA_kU1ZOTwbcVnNmLjbaePi_Gpf-IXSqOn8IDOD90O-gsuV1c0bpiF0dC8eci5bC8XbFvSR8m68_lMrAyZblZ3wZGaNKUprbdni53D9flE-RM-wOFIX0wFz6gzxIjzPpmwddsMcZg==\" rel=\"nofollow noopener\" target=\"_blank\"><u>investor-relations@constellium.com<\/u><\/a><\/p>\n<p>\n        <strong>Delphine Dahan-Kocher \u2013 Communications<\/strong><br \/>\n        <br \/>Phone: +1 443 420 7860<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=YhsZmoxqPTHbfBFGdh5q7or13apIEVywxUoZ4EAnbyTyJ8WglorNldlqdj2sawoIIbGmRiNRsCJZa3iCnSl68nbxZspaKEdM89QeKLgYaVe0Mc0R6RMzNtkpuHN_qosKEJpZXT1ZiL7qeB8cWcOjYA==\" rel=\"nofollow noopener\" target=\"_blank\"><u>delphine.dahan-kocher@constellium.com<\/u><\/a><\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2MTI2MSM1NjU1NzcyIzIwODYxNzg=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/ZmYwYzI5YmItYjhkNy00NGNhLWEyMjItZmFmYzVhMGFkMWNhLTEwOTc3NDk=\/tiny\/Constellium-Paris.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PARIS, June 20, 2023 (GLOBE NEWSWIRE) &#8212; Constellium SE (NYSE: CSTM) (\u201cConstellium\u201d or the \u201cCompany\u201d) today announced that it has called for redemption $50,000,000 of the $300,000,000 outstanding aggregate principal amount of its 5.875% Senior Notes due 2026 (the \u201cNotes\u201d, and the redemption thereof, the \u201cRedemption\u201d), pursuant to that certain Indenture, dated as of November 9, 2017, among the Company, the guarantors party thereto, Deutsche Bank Trust Company Americas, as Trustee. The Company expects the redemption date for the Notes being redeemed to occur on July 20, 2023 (the \u201cRedemption Date\u201d). The redemption price for the Notes is 100.000% of the aggregate principal amount of the Notes redeemed, plus accrued and unpaid interest, if any, to the Redemption Date. This &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/constellium-announces-partial-redemption-of-5-875-senior-notes-due-2026-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Constellium Announces Partial Redemption of 5.875% Senior Notes due 2026&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-764910","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Constellium Announces Partial Redemption of 5.875% Senior Notes due 2026 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/constellium-announces-partial-redemption-of-5-875-senior-notes-due-2026-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Constellium Announces Partial Redemption of 5.875% Senior Notes due 2026 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PARIS, June 20, 2023 (GLOBE NEWSWIRE) &#8212; Constellium SE (NYSE: CSTM) (\u201cConstellium\u201d or the \u201cCompany\u201d) today announced that it has called for redemption $50,000,000 of the $300,000,000 outstanding aggregate principal amount of its 5.875% Senior Notes due 2026 (the \u201cNotes\u201d, and the redemption thereof, the \u201cRedemption\u201d), pursuant to that certain Indenture, dated as of November 9, 2017, among the Company, the guarantors party thereto, Deutsche Bank Trust Company Americas, as Trustee. The Company expects the redemption date for the Notes being redeemed to occur on July 20, 2023 (the \u201cRedemption Date\u201d). The redemption price for the Notes is 100.000% of the aggregate principal amount of the Notes redeemed, plus accrued and unpaid interest, if any, to the Redemption Date. 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