Under the lead of partner Thierry Kauffman, Elvinger Hoss Prussen provided legal advice to ArcelorMittal in connection with (i) the repurchase of certain Mandatorily Convertible Bonds (MCB’s) issued by Hera Ermac, a subsidiary of ArcelorMittal, (ii) the subsequent reduction of Hera Ermac’s share capital and (iii) the extension of the mandatory conversion date of the remaining MCBs. ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 16 countries.
The team was led by Partner Thierry Kauffman who was assisted by Associate Ana Franco.