ArcelorMittal prices combined offering at $4B

Jan 10, 2013 | 02:57 PM |

Tags  ArcelorMittal, offering, stock, convertible notes, structured notes, Mittal

NEW YORK — ArcelorMittal SA expects to raise about $4 billion through a combined offering of stock and convertible notes, the company said in an update Thursday.

The Luxembourg-based steelmaker offered 104 million shares of common stock at $16.75 per share, which will raise nearly $1.75 billion before reduction for commissions. ....

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