Loan & DebtMay 13, 2026, 11:22 AM
ArcelorMittal Prices $1.0B 5.375% Notes Due 2036
AI Summary
ArcelorMittal announced the pricing of a bond issue, offering US$1,000,000,000 in 5.375% notes due May 19, 2036. The company expects to receive net proceeds of approximately $987,120,000 from this offering. These funds are intended for general corporate purposes, with the closing of the offering anticipated on May 19, 2026.
Key Highlights
- ArcelorMittal priced an offering of US$1,000,000,000 aggregate principal amount of notes.
- The notes carry an interest rate of 5.375% and are due on May 19, 2036.
- Net proceeds to the company are approximately $987,120,000.
- The proceeds will be utilized for general corporate purposes.
- The offering is scheduled to close on May 19, 2026, subject to customary conditions.