Constellium Announces Pricing of Initial Public Offering
PARIS, FRANCE -- (Marketwired) -- 05/22/13 -- ERRATUM: please note
that the Class A Ordinary Shares are expected to begin trading on May
23, 2013 on the New York Stock Exchange under the symbol "CSTM"
on or about May 27, 2013 on NYSE Euronext Paris under the symbol
New York, May 22, 2013 - Constellium N.V. (NYSE: CSTM) ("Constellium"
"Company") announced today the pricing of its initial public
offering of 22,222,222 Class A Ordinary Shares at a price of $ 15.00
per share. The Class A Ordinary Shares are expected to begin trading
on May 23, 2013 on the New York
Stock Exchange under the symbol
"CSTM" and on or about May 27, 2013 on NYSE Euronext Paris under the
symbol "CSTM". The offering is expected to close on or about May 29,
2013, subject to customary closing conditions.
Constellium is offering 13,333,333 Class A Ordinary Shares and the
selling shareholders are offering a total of 8,888,889 Class A
Ordinary Shares (of which
5,037,037 shares are being sold by
affiliates of Apollo Global Management, LLC
(NYSE: APO)and 3,851,852
shares are being sold by affiliates of Rio Tinto Plc).
The underwriters of the offering have a 30-day option to purchase up
to an additional 3,333,333 Class A Ordinary Shares from Constellium
at the initial
public offering price, less underwriting discounts and
commissions, to cover
over-allotments, if any.
Goldman, Sachs & Co., Deutsche Bank Securities Inc., J.P. Morgan
Barclays Capital Inc., Credit Suisse Securities (USA)
LLC, Morgan Stanley & Co.
LLC, BNP Paribas Securities Corp., UBS
Securities LLC, Citigroup Global Markets
Inc., HSBC Securities (USA)
Inc., SG Americas Securities, LLC and Lazard Capital
Markets LLC are
acting as joint book runners for the offering, and Apollo
Securities, LLC, Moelis & Company LLC, Rothschild Inc. and
Davenport & Company
LLC are acting as co-managers for the offering.
The registration statement relating to the securities has been filed
declared effective by the U.S. Securities and Exchange
Commission. The offering
is being made only by means of a prospectus.
When available, a copy of the final prospectus relating to the
offering may be obtained by contacting: Goldman, Sachs & Co.,
Prospectus Department, 200 West Street, New York, NY 10282,
telephone: 1-866-471-2526, facsimile: 212-902-9316 or by email at
email@example.com; Deutsche Bank Securities Inc.,
60 Wall Street, New York, NY 10005, telephone:
1-800-503-4611 or by email at
firstname.lastname@example.org; or J.P. Morgan
Securities LLC, c/o Broadridge Financial
Solutions, 1155 Long Island
Avenue, Edgewood, NY 11717, telephone 1-866-803-9204.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy any securities, nor shall there be any
sale of these securities in any state or jurisdiction in which such
an offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
In relation to each member state of the European Economic Area which
has implemented the 2003/ 71/EC directive as amended (the "Prospectus
(each a "Relevant Member State"), an offer to the public
of the ordinary shares
offered in the offering has not been made and
will not be made in that Relevant
Member State, except that an offer
in that Relevant Member State of the ordinary
shares may be made at
any time to any legal entity which is a qualified investor
in the Prospectus Directive, if the qualified investor
exemption has been implemented in that Relevant Member
State and provided that
no such offer shall result in a requirement
for the publication of a prospectus
in that Member State.
The securities offered in the offering have not been and will not
sold to the public in France. NYSE Euronext Paris has
approved the listing and
admission to trading of the Class A Ordinary
Shares on the professional segment
of NYSE Euronext Paris. A European
listing prospectus has been approved by the
Financiele Markten (the "AFM") and notified to the French
des Marches Financiers (the "AMF"). A prospectus supplement will be
submitted for approval to the AFM and will have to be notified to the
to the commencement of trading on NYSE Euronext Paris.
Constellium is a global sector leader that develops innovative, value
added aluminum products and solutions for a broad scope of markets and
including aerospace, automotive, packaging and
industry. With around 8,900 employees Constellium generated EUR3.61
billion of revenue in 2012.
Constellium Announces pricing of IPO:
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Source: Constellium via Thomson Reuters ONE [HUG#1704002]
Phone: +33 (0)1 73 01 46 13
Investor relations Europe
Phone: +33 (0)1 73 01 41 05
Media relations Constellium Corporate
Phone : +33 (0)1 80 50 53 11
Hill+Knowlton Strategies (Media & Investors)
Phone: +1 (212) 885 0682
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