Elvinger Hoss Prussen has advised ArcelorMittal on a $2 billion issue of shares and convertible debt

  • Posted 25.09.2020

ArcelorMittal executed its offerings of $1.25 billion of 5.50 percent mandatorily convertible subordinated notes due 2023 and $750 million of ordinary shares, with total aggregate gross proceeds from the offerings amounting to $2 billion.

ArcelorMittal is the world’s leading mining and steel company.

The Elvinger Hoss team was led by partners Philippe Hoss and Thierry Kauffman.