Constellium: Constellium Announces Settlement of Cash Tender Offers for 7.875% Senior Secured Notes due 2021, 7.00% Senior Notes due 2023 and 8.00% Senior Notes due 2023

AMSTERDAM, The Netherlands, 2017-11-09 22:15 CET (GLOBE NEWSWIRE) --
Constellium N.V. (NYSE:CSTM) and (Euronext Paris:CSTM) ("Constellium" or the
"Company") today announced the settlement of the cash tender offers announced
on October 30, 2017 (the "Tender Offers") to repurchase any and all of its
outstanding 7.875% Senior Secured Notes due 2021 (the "7.875% Notes"), 7.00%
Senior Notes due 2023 (the "7.00% Notes") and 8.00% Senior Notes due 2023 (the
"8.00% Notes" and together with the 7.875% Notes and the 7.00% Notes, the
"Notes"). 

Pursuant to the terms of the Tender Offers, the Company's offer to pay the
applicable tender offer consideration expired at 5:00 p.m., New York City time,
on November 6, 2017 (the "Expiration Time"). Based on final information
provided to the Company by D.F. King, the tender agent and information agent
for the Tender Offers, $229,854,000 in aggregate principal amount of the 7.875%
Notes, €128,926,000 in aggregate principal amount of the 7.00% Notes and
$243,642,000 in aggregate principal amount of the 8.00% Notes were validly
tendered (and not validly withdrawn) at or prior to the Expiration Time. 

The Company has accepted all of the Notes validly tendered (and not validly
withdrawn) at or prior to the Expiration Time. Settlement of the Tender Offers
will be completed by the Company as of November 9, 2017 (the "Settlement Date")
on the terms set forth below. 

                                                                                
   ISIN, CUSIP / Common Code        Outstanding     Title of Security  Considera
                                 Principal Amount                        tion*  
--------------------------------------------------------------------------------
 US210383AE55, 210383AE5 144A /    $425,000,000       7.875% Senior    $1,062.29
 USN22038AC20, N22038AC2 Reg S                      Secured Notes due           
                                                          2021                  
                                                                                
 XS1151724413, 115172441 144A /    €240,000,000    7.00% Senior Notes  €1,065.00
 XS1151723282, 115172328 Reg S                          due 2023                
                                                                                
 US210383AD72, 210383AD7 144A /    $400,000,000    8.00% Senior Notes  $1,070.79
 USN22038AB47, N22038AB4 Reg S                          due 2023                
                                                                                

*   Per $1,000 or €1,000, as applicable, principal amount of the applicable
series of Notes.  Tendering Holders will also receive accrued and unpaid
interest to, but not including, the Settlement Date for the applicable series
of Notes purchased pursuant to the Tender Offers. 

Concurrently with the commencement of the Tender Offers, the Company called for
redemption of all of the outstanding Notes (the "Redemption"). The redemption
price for the 7.875% Notes is 100% of the principal amount of the 7.875% Notes
redeemed, plus the Applicable Premium (as defined in the indenture relating to
the 7.875% Notes), plus accrued and unpaid interest, if any, to the redemption
date.  The redemption price for the 7.00% Notes is 100% of the principal amount
of the 7.00% Notes redeemed, plus the Applicable Premium (as defined in the
indenture relating to the 7.00% Notes), plus accrued and unpaid interest, if
any, to the redemption date.  The redemption price for the 8.00% Notes is 100%
of the principal amount of the 8.00% Notes redeemed, plus the Applicable
Premium (as defined in the indenture relating to the 8.00% Notes), plus accrued
and unpaid interest, if any, to the applicable redemption date.  Substantially
concurrently with the consummation of the Tender Offers, the Company intends to
satisfy and discharge all Notes not purchased on the Settlement Date pursuant
to the Tender Offers by depositing with the trustee cash sufficient to pay the
redemption price of each series of Notes on the applicable redemption date (the
"Satisfaction and Discharge"). The Company expects the redemption date of the
7.875% Notes and the 8.00% Notes to occur on November 29, 2017 and the
redemption date of the 7.00% Notes to occur on November 30, 2017. 

The Company has retained Deutsche Bank Securities Inc. and Credit Suisse
Securities (USA) LLC to act as dealer managers in connection with the Tender
Offers. Questions may be directed to Deutsche Bank Securities Inc. collect at
[phone] or toll free at 855-287-1922 or to Credit Suisse Securities
(USA) LLC collect at [phone] or toll free at 1-800-820-1653. The Offeror
has retained D.F. King & Co., Inc. to act as the information agent and tender
agent for the Tender Offers. Questions and requests for additional documents
may be directed to D.F. King at [phone] (toll free), [phone] (New
York) or [phone] (London) or by email: [e-mail].  Copies of the
Offer to Purchase are available at the following web address:
www.dfking.com/cstm. 

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. 

About Constellium

Constellium (NYSE:CSTM) and (Euronext Paris: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 €4.7 billion of revenue in 2016. 

Forward-looking Statements

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 "forward-looking
statements" with respect to the Tender Offers, the Redemption, the Satisfaction
and Discharge, 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, "believes," "expects," "may," "should," "approximately,"
"anticipates," "estimates," "intends," "plans," "targets," likely," "will,"
"would," "could" 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. Others are more specific to our business and operations. These risks
and uncertainties include, but are not limited to, the ability of Constellium
and Wise Metals to achieve expected synergies and the timing thereof,
Constellium's increased levels of indebtedness which could limit Constellium's
operating flexibility and opportunities; the potential failure to retain key
employees, the loss of customers, suppliers and other business relationships;
disruptions to business operations; slower or lower than expected growth in the
North American market for Body-in-White aluminium rolled products, and other
risk factors set forth under the heading "Risk Factors" in our Annual Report on
Form 20-F and our registration statement on Form F-3, filed on October 30,
2017, 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. 

         Ryan Wentling - Investor Relations
         Phone: [phone]
         [e-mail]
         Delphine Dahan-Kocher - Communications
         Phone: [phone]
         [e-mail]