07.10.2014 18:32:00

Constellium N.V. -- Moody's places Constellium NV on review for downgrade following Wise Metals acquisition announcement

London, 07 October 2014 -- Moody's Investors Service, Inc. (Moody's) today placed Constellium NV's (Constellium) Ba3 corporate family rating (CFR) and probability of default (PDR) of Ba3-PD under review for downgrade following the company's announcement of its planned acquisition of US-based Wise Metals Intermediate Holdings LLC (Wise). The Ba3 senior unsecured ratings of Constellium's debt instruments have also been put under review for downgrade.

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