Luxembourg, 29 December 2009 – ArcelorMittal announces the issuance on 28 December via a wholly-owned Luxembourg subsidiary of a $750m bond mandatorily convertible into preferred shares of such subsidiary.
The bond was placed privately with a Luxembourg affiliate of Calyon and will not be listed. The bond will have a maturity of 17 months and ArcelorMittal will be entitled to call it in the year prior to maturity. …
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SteelNerd
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