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Constellium NV (CSTM.N)

CSTM.N on New York Stock Exchange

12.35USD
12 Jan 2018
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Latest Key Developments (Source: Significant Developments)

CONSTELLIUM PRICES NOTES OFFERING
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Constellium Nv ::CONSTELLIUM PRICES NOTES OFFERING.‍PRICED PRIVATE OFFERING OF $500 MILLION OF SENIOR UNSECURED NOTES DUE 2026 AND EUR 400 MILLION OF SENIOR UNSECURED NOTES DUE 2026​.‍DOLLAR NOTES WILL BEAR INTEREST AT A RATE OF 5.875% PER ANNUM, AND EURO NOTES WILL BEAR INTEREST AT A RATE OF 4.250% PER ANNUM​.‍NOTES WILL BE GUARANTEED ON A SENIOR UNSECURED BASIS BY CERTAIN OF COMPANY'S SUBSIDIARIES​.  Full Article

Constellium launches cash tender offers for any and all of its outstanding 7.875 percent senior secured notes
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Constellium Nv :Constellium launches cash tender offers for any and all of its outstanding 7.875 percent senior secured notes due 2021, 7.00 percent senior notes due 2023 and 8.00 percent senior notes due 2023.Constellium NV says tender offers currently scheduled to expire at 5:00 p.m New York City time, on Nov 6, 2017​.  Full Article

Constellium launches ordinary shares and notes offerings
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Constellium Nv ::Expects to offer 22 million newly issued Class A ordinary shares in an underwritten public offering​.Intends to offer about $450 million of U.S. dollar denominated senior unsecured notes due 2026.Also intends to offer approximately EUR 400 million of Euro denominated senior unsecured notes due 2026​.Expects to use proceeds from offering, cash on hand, to repurchase outstanding 7.875 percent senior secured notes due 2021​, among others.  Full Article

Constellium reports Q3 revenue of 1.3 bln euros
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Constellium Nv :Constellium reports third quarter 2017 financial results.Q3 revenue EUR 1.3 billion versus i/b/e/s view EUR 1.36 billion.Qtrly ‍revenue of EUR 1.3 billion, up 7% compared to q3 2016 on higher aluminium prices​.Qtrly ‍net income of EUR 21 million compared to EUR 15 million in Q3 2016​.Qtrly shipments of 374 thousand metric tons, down 1% compared to Q3 2016; automotive shipments up 32% compared to Q3 2016‍​.Qtrly adjusted EBITDA of EUR 111 million, up 15% from Q3 2016; YTD 2017 adjusted EBITDA up 12% from YTD 2016.Updating guidance for adjusted EBITDA growth in 2017 to around 13%.Continue to expect adjusted EBITDA growth in high single digits annually for next 3 years, leading to over EUR 500 million of adjusted EBITDA in 2020.Capital expenditures are on track to meet company's previous guidance of EUR 275 million for 2017.  Full Article

Constellium reports Q2 earnings per share eur 0.08
Tuesday, 2 Aug 2016 

Constellium Nv : Q2 earnings per share eur 0.08 . Q2 earnings per share view eur 0.19 -- Thomson Reuters I/B/E/S .Q2 revenue eur 1.2 billion versus I/B/E/S view eur 1.27 billion.  Full Article

D.E. Shaw & Co reports 5.3 pct passive stake in Constellium
Monday, 18 Jul 2016 

Constellium NV :D.E. Shaw & Co L.P. reports 5.3 pct passive stake in Constellium NV as of July 8 - SEC filing.  Full Article

Constellium appoints Jean-Marc Germain as CEO, effective July 11
Thursday, 7 Jul 2016 

Constellium Appoints Jean : Jean-Marc Germain as chief executive officer, effective July 11, 2016 . Jean-Marc Germain will be based in New York .Says Jean-Marc will succeed Pierre Vareille, who announced his retirement earlier this year.  Full Article

Constellium NV files for offering of 1.8 mln Class A shares by selling shareholders
Friday, 13 May 2016 

Constellium Nv :Files for offering of 1.8 million Class A shares by selling shareholders.  Full Article

Constellium qtrly loss per share 0.08 euros
Thursday, 12 May 2016 

Constellium Nv : Q1 2016 shipments were 362K metric tons, a decrease of 5% from Q1 2015 . Constellium reports first quarter 2016 financial results . Q1 loss per share Eur 0.08 . Q1 revenue Eur 1.2 billion versus I/B/E/S view Eur 1.24 billion .Q1 earnings per share view Eur 0.11 -- Thomson Reuters I/B/E/S.  Full Article

Constellium NV prices notes offering
Wednesday, 23 Mar 2016 

Constellium NV:Priced a private offering of $425 million of U.S. dollar denominated senior secured notes due 2021.Notes will bear interest at a rate of 7.875% per annum, payable semi-annually in arrears.Offering is expected to close on March 30.Intends to use a portion of proceeds from offering for general corporate purposes.  Full Article

BRIEF-CONSTELLIUM PRICES NOTES OFFERING

* ‍PRICED PRIVATE OFFERING OF $500 MILLION OF SENIOR UNSECURED NOTES DUE 2026 AND EUR 400 MILLION OF SENIOR UNSECURED NOTES DUE 2026​