ArcelorMittal issues bond to improve balance sheet
Dec 29, 2009 | 11:07 AM
| Mark Shapland
ArcelorMittal has issued a $750-million mandatory convertible bond through a wholly owned Luxembourg subsidiary in order to improve its balance sheet.
The bond was placed privately with a Luxembourg affiliate of investment bank Calyon and will not be listed, ArcelorMittal said. It will have a maturity of 17....
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