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    MT   LU1598757687

ARCELORMITTAL

(MT)
  Report
Real-time Euronext Amsterdam  -  04:20:40 2023-02-09 am EST
27.49 EUR   +0.94%
03:19aArcelorMittal South Africa Posts Lower FY22 Net Profit
MT
01:46aArcelorMittal Forecasts Positive Free Cash Flow Generation in FY23
MT
01:45aArcelorMittal S.Africa's profit falls 62% on weak steel prices, demand
RE
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ArcelorMittal S.A. Prices Aggregate Principal Amount of 6.550% Notes Due 2027 and Aggregate Principal Amount of 6.800% Notes Due 2032

11/22/2022 | 01:30am EST

ArcelorMittal priced an offering of USD 1.2 billion aggregate principal amount of 6.550% notes due 2027 and USD 1.0 billion aggregate principal amount of 6.800% notes due 2032 (the Notes). The proceeds to ArcelorMittal (before expenses), amounting to approximately $2.2 billion, will be used for general corporate purposes. In addition, following the closing of the offering, commitments which remain available under a $2.2 billion bridge term facility agreement with a financial institution (the “Bridge Facility Agreement”) related to the financing of the intended acquisition of Companhia Siderúrgica do Pecém will, in accordance with the terms thereof, be cancelled in an amount equal to the amount by which the offering exceeds approximately $400 million, less certain expenses and tax costs that may, pursuant to the terms of the Bridge Facility Agreement, be deducted from the amount to be cancelled.

The facility is available for 12 months from signing with two extension options of 6 months each at the borrower's discretion. The offering is scheduled to close on November 29, 2022, subject to satisfaction of customary conditions.


ę S&P Capital IQ 2022
All news about ARCELORMITTAL
03:19aArcelorMittal South Africa Posts Lower FY22 Net Profit
MT
01:46aArcelorMittal Forecasts Positive Free Cash Flow Generation in FY23
MT
01:45aArcelorMittal S.Africa's profit falls 62% on weak steel prices, demand
RE
01:44aArcelorMittal 4Q Net Profit Missed Forecasts
DJ
01:13aArcelormittal : 4Q'22 Earnings Release
PU
01:13aArcelormittal : 4Q'22 Analyst Slides
PU
01:12aArcelorMittal expects to increase steel shipments by 5% in 2023
RE
01:04aArcelorMittal reports fourth quarter 2022 results
GL
01:01aArcelorMittal reports fourth quarter 2022 results
AQ
01/31ArcelorMittal to Partially Resume Operations at Blast Furnace in Spain
MT
More news
Analyst Recommendations on ARCELORMITTAL
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Financials (USD)
Sales 2022 77 585 M - -
Net income 2022 9 713 M - -
Net Debt 2022 3 633 M - -
P/E ratio 2022 2,74x
Yield 2022 1,52%
Capitalization 23 838 M 23 838 M -
EV / Sales 2022 0,35x
EV / Sales 2023 0,43x
Nbr of Employees 158 000
Free-Float 55,0%
Chart ARCELORMITTAL
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ArcelorMittal Technical Analysis Chart | MarketScreener
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Technical analysis trends ARCELORMITTAL
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 29,21 $
Average target price 37,49 $
Spread / Average Target 28,3%
EPS Revisions
Managers and Directors
Aditya Mittal President, Chief Financial Officer & Director
Genuino M. Christino Chief Financial Officer & Executive Vice President
Lakshmi Niwas Mittal Executive Chairman
Pinakin Chaubal Chief Technology Officer
Henk Scheffer Secretary & Group Compliance Officer
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