by Amruth Sundarkumar | Aug 10, 2021 | Corporates, Credit Ratings
Moody’s upgraded ArcelorMittal to Baa3 citing significantly strengthened operating performance and recovery in credit metrics over the recent quarters and expectations of further strong improvements through the remainder of the year. ArcelorMittal saw EBITDA...
by Amruth Sundarkumar | Jun 28, 2021 | High Yield Bonds
ArcelorMittal announced results for its USD and EUR bond tender offer launched earlier this month (table above) Payment of the aggregate consideration for all USD and EUR bonds are expected to be made on June 29, 2021. For the USD bonds tender offer results...
by Amruth Sundarkumar | Jun 18, 2021 | High Yield Bonds
ArcelorMittal announced invitations for offers to pay in cash for its US 2024s-2026s and EUR 2023s-2025s. The company is making an offer to purchase for cash any and all of three USD bonds mentioned below. The deadline is 24 June 24, 2021: $750mn 3.600% 2024s with an...
