Tag «arcelormittal»

ArcelorMittal reports second quarter 2016 and half year 2016 results

Luxembourg, July 29, 2016 – ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading integrated steel and mining company, today announced results[1] for the three and six month periods ended June 30, 2016. Highlights: Health and safety: LTIF rate of 0.79x in 2Q 2016 as …

ArcelorMittal Announces Final Results of its Offers to Purchase for Cash Up to $600,000,000 Aggregate Principal Amount of its Outstanding Notes Listed Below

Title of Security CUSIP/ISIN Principal Amount Tendered Clearing Premium (1) Tender Consideration(2) 5.125% Notes due June 1, 2020 03938LAY0/ US03938LAY02 $113,252,000(5) $42.50 $1,001.25 5.250% notes due August 5, 2020 (3) 03938LAQ7/ US03938LAQ77 $146,594,000(6) $42.50 $1,013.75 5.500% notes due March 1, 2021 (4) 03938LAU8/ US03938LAU89 $323,350,000(7) $42.50 $1,003.75 (1)   Per $1,000 principal amount of Notes validly …

ArcelorMittal and Marcegaglia submit offer to acquire Ilva

30 June 2016 – ArcelorMittal and Marcegaglia today announce they have submitted an offer for the acquisition of Ilva. The offer details the consortium’s industrial and environmental plans for Ilva, outlining: A commitment to improving Ilva’s environmental performance, through the installation of best available technology, bringing Ilva in-line with European environmental standards and legislation; The …

ArcelorMittal Announces Results of the Offer to Purchase for Cash Any and All of its 9.850% Notes due June 1, 2019

May 19, 2016 – On May 11, 2016, ArcelorMittal (the “Company” or “ArcelorMittal”) announced the launch of its tender offer (the “Offer”) to purchase for cash any and all of its outstanding 9.850% Notes due June 1, 2019 (CUSIP 03938LAM6/ ISIN US03938LAM63) (the “Notes”) on the terms and subject to the conditions set out in …

ArcelorMittal reports results for the first quarter 2016

Luxembourg, May 6, 2016 – ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading integrated steel and mining company, today announced results[1] for the three month period ended March 31, 2016. Highlights: Health and safety: LTIF rate of 0.72x in 1Q 2016, lower as compared …

ArcelorMittal announces results of 2016 Annual General Meeting

Luxembourg, 4 May 2016 – The Annual General Meeting of shareholders of ArcelorMittal held today in Luxembourg approved all resolutions by a strong majority. 1,906,191,732 shares or 62.17% of the company’s share capital were present or represented at today’s Annual General Meeting. The results of the votes will be posted shortly on corporate.arcelormittal.com under “Investors …

ArcelorMittal announces the publication of first quarter 2016 Ebitda sell-side analyst consensus figures

25 April 2016 – ArcelorMittal has today announced the publication of first quarter 2016 Ebitda sell-side analysts’ consensus figures. The consensus figures are based on analysts’ estimates recorded on an external web-based tool provided and managed by an independent company, Vuma Financial Services Limited (trade name: Vuma Consensus). To arrive at the consensus figures below, …

ArcelorMittal announces the successful completion of its c.US$3bn1 rights issue

Strong investor support for ArcelorMittal’s rights issue; total subscription rate of 126.9% 1,229,905,208 new shares subscribed for through the exercise of primary subscription rights under the rights, representing a subscription rate of 97.4% Oversubscription demand for 372,398,986 shares 1,602,304,194 total new shares subscribed for including oversubscription shares, representing a total subscription rate of 126.9% 1,229,905,208 …