Thursday, 03 Mar 2011
ArcelorMittal has completed the pricing of three series of US dollar denominated notes, consisting of USD 500,000,000 aggregate principal amount of its 3.75% Notes due 2016, USD 1,500,000,000 aggregate principal amount of its 5.50% Notes due 2021 and USD 1,000,000,000 aggregate principal amount of its 6.75% Notes due 2041.
The proceeds to ArcelorMittal (before expenses), amounting to approximately USD 3 billion, will be used to refinance existing indebtedness.
The offering is scheduled to close on March 7th 2011, subject to satisfaction of customary conditions.
The Issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission for the offering to which this communication relates.
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