ArcelorMittal Announces Results of the Invitation for Offers to Sell Bonds for Cash in relation to EUR 500,000,000 4.625% Bonds due 7 November 2014 issued by ArcelorMittal Finance
On 17 June 2013, ArcelorMittal (“ArcelorMittal” or the “Company”) announced the launch of an invitation (subject to the offer restrictions contained in the Invitation for Offers) to holders (“Bondholders”) of the EUR 500,000,000 4.625 per cent.
Bonds due 7 November 2014 issued by ArcelorMittal Finance (XS0204395213) (the “Existing Bonds”) to submit offers to sell (each such offer, an “Offer to Sell”) the Existing Bonds to the Company for cash on the terms and subject to the conditions contained in the Invitation for Offers (the “Invitation”). The Invitation expired at 17.00 hours CET on 26 June 2013.
Announcement of Results of the Invitation
The Company is pleased to announce today the acceptance of the Invitation as follows:
- Final aggregate principal amount of the Existing Bonds accepted for purchase: EUR 139,520,000
- Final aggregate principal amount of the Existing Bonds that will remain outstanding after the Settlement Date: EUR 360,480,000
- Accrued Interest: EUR 29,90 per EUR 1,000 in principal amount
- Total Consideration: EUR 1,075.65 per EUR 1,000 in principal amount
For more details, please click on the attached document.
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