ArcelorMittal (MT) announced that it has completed the pricing of its 30-year, US$1 billion aggregate principal amount of 7% bonds due 2039. The company said that the yield of the bonds is 7.4%. The company schedules to close the offering on October 6.
The company intends to use offering proceeds, before expenses, of US$943.27 million for general corporate purposes.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.