Constellium €590m attracts hefty demand

By GlobalCapital
01 May 2014

Constellium, the aluminium products company controlled by Apollo Global Management, priced its €590m high yield bond on Wednesday, split equally between euros and dollars.

Deutsche Bank was billing and delivering, with BNP Paribas, Goldman Sachs, HSBC, Morgan Stanley, Natixis and Société Générale also bookrunners.

The company is rated Ba3 by Moody’s and BB- by Standard & Poor’s, after one notch upgrades from both agencies on April 24.

The seven year non-call three ...

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