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ArcelorMittal Enters into Separate, Privately Negotiated Agreements with Certain Holders of its

Press release content from Globe Newswire. The AP news staff was not involved in its creation. ArcelorMittal Enters into Separate, Privately Negotiated Agreements with Certain Holders of its . ArcelorMittal S.A.December 15, 2020 GMT NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY IN OR INTO CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH TO DO SO WOULD BE PROHIBITED BY APPLICABLE LAW. 15 December, 2020, 22:40 CET ArcelorMittal (the “Company” or “ArcelorMittal”) announced today that the Company has entered into separate, privately negotiated exchange agreements with a limited number of holders of the Company’s 5.50% Mandatorily Convertible Subordinated Notes due 2023 (the “Notes”).

ArcelorMittal S A : ArcelorMittal Enters into Separate, Privately Negotiated Agreements with Certain Holders of its 5 50% Mandatorily Convertible Subordinated Notes due 2023

ArcelorMittal S.A.: ArcelorMittal Enters into Separate, Privately Negotiated Agreements with Certain Holders of its 5.50% Mandatorily Convertible Subordinated Notes due 2023 15 December, 2020, 22:40 CET ArcelorMittal (the Company or ArcelorMittal ) announced today that the Company has entered into separate, privately negotiated exchange agreements with a limited number of holders of the Company s 5.50% Mandatorily Convertible Subordinated Notes due 2023 (the Notes ). Pursuant to the exchange agreements, the Company will exchange $246.8 million in aggregate principal amount of the Notes, for an aggregate of (i) 22,653,933 shares (all existing shares held in treasury) of ArcelorMittal common stock (i.e. the minimum conversion ratio under the Notes) plus (ii) $25.4 million (including accrued interest on the exchanged Notes up to, but excluding, the settlement date). The Company will not receive any proceeds from the delivery of such shares of common stock. The exchanges are expec

Investegate |ArcelorMittal S A Announcements | ArcelorMittal S A : ArcelorMittal Enters into Separate, Privately Negotiated Agreements with Certain Holders of its 5 50% Mandatorily Convertible Subordinated Notes due 2023

ArcelorMittal S.A. ArcelorMittal Enters into Separate, Privately Negotiated Agreements with Certain Holders of its 5.50% Mandatorily Convertible Subordinated Notes due 2023 ArcelorMittal Enters into Separate, Privately Negotiated Agreements with Certain Holders of its 5.50% Mandatorily Convertible Subordinated Notes due 2023 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH TO DO SO WOULD BE PROHIBITED BY APPLICABLE LAW. 15 December, 2020, 22:40 CET ArcelorMittal (the “Company” or “ArcelorMittal”) announced today that the Company has entered into separate, privately negotiated exchange agreements with a limited number of holders of the Company’s 5.50% Mandatorily Convertible Subordinated Notes due 2023 (the “Notes”).

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