Arcelormittal Signs Us$5,500,000,000 Revolving Credit Facility

Fecha : 20/12/2018 @ 12:33
Fuente : Noticias Dow Jones
Emisora : Arcelormittal Sa (MT)
Cotización : 14.648  0.026 (0.18%) @ 03:16
Arcelormittal Sa Cotización de acciones Gráfica

Arcelormittal Signs Us$5,500,000,000 Revolving Credit Facility

Mittal Steel (NYSE:MT)
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   20 December 2018 - On 19 December 2018, ArcelorMittal signed a 
US$5,500,000,000 Revolving Credit Facility (the "Facility"), with a 
five-year maturity plus two one-year extension options. The Facility 
will replace the US$5,500,000,000 revolving credit facility agreement 
signed 30 April 2015 and amended 21 December 2016, and will be used for 
the general corporate purposes of the ArcelorMittal group.  The Facility 
gives ArcelorMittal considerably improved terms over the former facility, 
and extends the average maturity date by approximately three years. 
   About ArcelorMittal 
   ArcelorMittal is the world's leading steel and mining company, with a 
presence in 60 countries and an industrial footprint in 18 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 
   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 people use in their everyday 
lives more energy efficient. 
   We are one of the world's five largest producers of iron ore and 
metallurgical coal. 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 2017, ArcelorMittal had revenues of $68.7 billion and crude steel 
production of 93.1 million metric tonnes, while own iron ore production 
reached 57.4 million metric 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: 
Contact information ArcelorMittal 
 Investor Relations 
Europe                                                                      +44 20 7543 1156 
Americas                                                                     +1 312 899 3985 
Retail                                                                      +44 20 7543 1156 
SRI                                                                          +44 207543 1156 
Bonds/Credit                                                                 +33 171 921 026 
Contact information ArcelorMittal 
 Corporate Communications 
Phone:                                                                         +442076297988 
ArcelorMittal Corporate 
Paul Weigh                                                                  +44 20 3214 2419 

(END) Dow Jones Newswires

December 20, 2018 13:18 ET (18:18 GMT)

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