ArcelorMittal (MT) has released an update.
ArcelorMittal has announced the pricing of a $1 billion bond issue, split equally between 6.00% notes due in 2034 and 6.35% notes due in 2054, with the proceeds intended for general corporate purposes. The offering is expected to close by June 17, 2024, subject to customary closing conditions. This move may pique the interest of investors looking for new corporate bond opportunities.
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