ArcelorMittal announces the issuance of €1 billion Notes under its €3 billion EMTN Programme
Luxembourg, 18 November 2010 (8 PM CET) - ArcelorMittal ("ArcelorMittal" or "the Issuer") announces the issuance of €1 billion 4.625 per cent. Notes due 17 November 2017.
The closing of the issuance has been completed today. The Notes have been issued under the €3 billion Euro Medium Term Notes Programme of the Issuer.
The Notes were offered by way of a private placement to qualified investors within the meaning of Directive 2003/71/EC of the European Parliament and the Council of November 4th, 2003, in accordance with the respective regulations of each country in which the Bonds were offered.
The proceeds of the issuance will be used to refinance existing indebtedness and extend the debt maturity profile of the Issuer.
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