Shearman And Sterling

News Oct 16, 2020

Arcelormittal's $250 Million Cash Tender Offer

Shearman & Sterling represented BBVA Securities Inc., Citigroup Global Markets Limited, HSBC Bank plc, Mizuho Securities USA LLC and Natixis as dealer managers, in connection with ArcelorMittal's any and all cash tender offer of its outstanding 6.125% notes due 2025.

An aggregate principal amount of $249,886,000 Notes were purchased pursuant to the Tender Offer.

ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and an industrial footprint in 19 countries. Guided by a philosophy to produce safe, sustainable steel, ArcelorMittal is the leading supplier of quality steel in the major global steel markets including automotive, construction, household appliances and packaging, with world-class research and development and outstanding distribution networks.

The Team