ArcelorMittal Announces Pricing of Bond Issue

World News: . []

Luxembourg, July 12, 2019 08:00 CET – ArcelorMittal (“the Company” or "the Issuer") completed yesterday the pricing of its offering of US$750 million aggregate principal amount of its 3.600% notes due 2024 (the “Series 2024 Notes”) and US$500 million aggregate principal amount of its 4.250% notes due 2029 (the “Series 2029 Notes”).

The proceeds to ArcelorMittal (before expenses), amounting to approximately $1.2 billion, will be used for general corporate purposes including future repayment of existing indebtedness and to partially pre-fund commitments under the Essar acquisition financing facility.

The offering is scheduled to close on July 16, 2019, subject to satisfaction of customary conditions.

More news and information about ArcelorMittal S.A.

Published By:

Globe Newswire: 07:00 GMT Friday 12th July 2019

Published: .

Search for other references to "arcelormittal" on SPi News


Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.
Privacy Policy | Terms and Conditions | Contact Us