ArcelorMittal executed its offerings of $1.25 billion of 5.50 percent mandatorily convertible subordinated notes due 2023 and $750 million of ordinary shares, with total aggregate gross proceeds from the offerings amounting to $2 billion.
ArcelorMittal is the world’s leading mining and steel company.
The Elvinger Hoss team was led by partners Philippe Hoss and Thierry Kauffman.