ArcelorMittal S.A. : ArcelorMittal announces the issuance of €750 million Notes under its €3 billion EMTN Programme
January 14 2015 - 12:00PM
ArcelorMittal
announces the issuance of €750 million Notes under its €3 billion
EMTN Programme
Luxembourg, 14
January 2015 - ArcelorMittal ("ArcelorMittal" or "the Issuer")
announces the issuance of € 750 million 3.125 per cent. Notes due
14 January 2022 (the "Notes").
The issuance closed today. The Notes were issued
under ArcelorMittal's €3 billion wholesale Euro Medium Term Notes
Programme.
The proceeds of the issuance will
be used for general corporate purposes.
Important note: This press release does not, and shall not, in any
circumstances constitute a public offering by ArcelorMittal of the
Notes nor an invitation to the public in connection with any offer.
No communication and no information in respect of the issuance of
the Notes may be distributed to the public in any jurisdiction
where a registration or approval is required. No steps have been or
will be taken in any jurisdiction where such steps would be
required. The offering or purchase of the Notes may be subject to
specific legal or regulatory restrictions in certain jurisdictions.
ArcelorMittal takes no responsibility for any violation of any such
restrictions by any person.
This press
release is an advertisement and not a prospectus within the meaning
of Directive 2003/71/EC of the European Parliament and the Council
of November 4th, 2003 (as amended and as implemented in each member
State of the European Economic Area (the "Member States"), the
("Prospectus Directive"). The base prospectus of the €3 billion
wholesale Euro Medium Term Programme of ArcelorMittal dated as of
14 March 2014 (the "Base Prospectus") (as supplemented by a
prospectus supplement no. 1 dated as of 3 June 2014 (the
"Prospectus Supplement No. 1) and a prospectus supplement no. 2
dated as of 8 January 2015 (the "Prospectus Supplement No. 2)) and
the final terms prepared by the Issuer in connection with the
issuance of the Notes have been prepared on the basis that any
offer of Notes in any Member State of the European Economic Area
which has implemented the Prospectus Directive (each, a "Relevant
Member State") will be made pursuant to an exemption under the
Prospectus Directive, as implemented in that Relevant Member State,
from the requirement to publish a prospectus for offers of the
Notes. Accordingly, any person making or intending to make an
offer in that Relevant Member State of the Notes may only do so in
circumstances in which no obligation arises for the Issuer or the
joint lead managers acting in connection with the issuance of the
Notes to publish a prospectus pursuant to Article 3 of the
Prospectus Directive or supplement a prospectus pursuant to Article
16 of the Prospectus Directive, in each case, in relation to such
offer. The Issuer and the joint lead managers acting in connection
with the issuance of the Notes have not authorized the making of
any offer of Notes in any other circumstances. The Base Prospectus
(as supplemented by the Prospectus Supplement No. 1 and the
Prospectus Supplement No. 2) and the final terms referred to above
have been filed with the Commission de Surveillance du Secteur
Financier of Luxembourg and the Luxembourg Stock Exchange,
respectively.
This press
release is not an invitation nor is it intended to be an inducement
to engage in investment activity for the purpose of Section 21 of
the Financial Services and Markets Act 2000 of the United Kingdom
(the "FSMA"). This press release is only being distributed to and
is only directed at (i) persons who are outside the United Kingdom;
(ii) persons who are investment professionals within the meaning of
Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (as amended) of the United Kingdom
(the "Financial Promotion Order"); and (iii) high net worth
entities, and other persons to whom it may lawfully be
communicated, falling within Article 49(2)(a) to (d) of the
Financial Promotion Order (all such persons together being referred
to as "Relevant Persons"). Any Notes will only be available to, and
any invitation, offer, agreement to subscribe, purchase or
otherwise acquire such Notes, or inducement to engage in any
investment activity included within this press release is available
only to, Relevant Persons and will be engaged in only with Relevant
Persons. Anyone other than a Relevant Person must not act or rely
on this press release or any of its contents.
This press
release does not constitute an offer to sell or a solicitation of
an offer to purchase any securities in the United States. The Notes
have not been and will not be registered under the U.S. Securities
act of 1933, as amended (the "Securities Act") or the laws of any
state within the U.S., and may not be offered or sold in the United
States or to or for the account or benefit of U.S. Persons, except
in a transaction not subject to, or pursuant to an applicable
exemption from, the registration requirements of the Securities Act
or any state securities laws. This press release and the
information contained herein may not be distributed or sent into
the United States, or in any other jurisdiction in which offers or
sales of the Notes would be prohibited by applicable laws and
should not be distributed to United States persons or publications
with a general circulation in the United States. No offering of the
Notes has been made or will be made in the United States.
In connection
with the issuance of the Notes, BNP Paribas, in its capacity, as
stabilising manager (or persons acting on behalf of any stabilising
manager) may over-allot the Notes or effect transactions with a
view to supporting the market price of the Notes at a level higher
than that which might otherwise prevail. However, there is no
assurance that the stabilising manager (or persons acting on behalf
of the stabilising manager) will undertake stabilisation actions.
Any stabilisation action may begin on or after the date on which
adequate public disclosure of the terms of the offer of the Notes
is made and, if begun, may be ended at any time, but it must end no
later than the earlier of 30 days after the issue date of the Notes
and 60 days after the date of the allotment of the Notes. Any
stabilisation action or over-allotment must be conducted in
accordance with all applicable laws and rules.
About
ArcelorMittal
ArcelorMittal is the world's
leading steel and mining company, with a presence in more than 60
countries and an industrial footprint in over 20 countries. Guided
by a philosophy to produce safe, sustainable steel, we are 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.
Through our core values of
sustainability, quality and leadership, we operate responsibly with
respect to the health, safety and wellbeing of our employees,
contractors and the communities in which we operate.
For us, steel is the fabric of
life, as it is at the heart of the modern world from railways to
cars and washing machines. We are actively researching and
producing steel-based technologies and solutions that make many of
the products and components we use in our everyday lives more
energy-efficient.
We are one of the world's five
largest producers of iron ore and metallurgical coal and our mining
business is an essential part of our growth strategy. With a
geographically diversified portfolio of iron ore and coal
assets, we are strategically positioned to serve
our network of steel plants and the external global market. While
our steel operations are important customers, our supply to the
external market is increasing as we grow.
In 2013, ArcelorMittal had
revenues of $79.4 billion and crude steel production of 91.2
million tonnes, while own iron ore production reached 58.4 million
tonnes.
ArcelorMittal is listed on the
stock exchanges of New York (MT), Amsterdam (MT), Paris (MT),
Luxembourg (MT) and on the Spanish stock exchanges of Barcelona,
Bilbao, Madrid and Valencia (MTS).
For more information about
ArcelorMittal please visit:
http://corporate.arcelormittal.com/
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Contact information ArcelorMittal Investor
Relations |
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Europe |
+ 352 4792 3198 |
Americas |
+1 312 899 3985 |
Retail |
+ 352 4792 3198 |
SRI |
+ 44 207 543 1123 |
Bonds/Credit |
+ 33 171 92 10 26 |
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Contact information ArcelorMittal Corporate
Communications |
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E-mail: |
press@arcelormittal.com |
Phone: |
+44 20 7629 7988 |
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ArcelorMittal Corporate
Communications |
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Sophie Evans (head of media relations) |
+44 20 3214 2882 |
United Kingdom |
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This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: ArcelorMittal S.A. via Globenewswire
HUG#1886956
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