News
22 September 2022

ArcelorMittal issues bond amid energy pressure

In:
Metals and Mining
Region:
Americas, Asia-Pacific, Europe
By Max Thompson

The uphill battle facing Luxembourg-based ArcelorMittal was reflected by it starting out offering a yield equivalent to 5% for four-year money as steel producers grapple with weakening demand and soaring energy prices. The Baa3/BBB- issuer opened proceedings on a four-year euro benchmark at 240bp...

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