ArcelorMittal SA (MTNA)

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ArcelorMittal SA (MTNA)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	MTRL	PRCD	MTNA	ArcelorMittal SA	€1,000		2	EMEA	Dec 9, 2024

Tranche #1ArcelorMittal SA

currency

EUR

size (m)

500.000

maturity

Dec 13, 2028

type

Fixed

tenor

4.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa3

s&p

BBB-

fitch

size description

re-open/tap

ipt

MS+160 a

ipt-pxd

guidance

MS+130 a

spread

120

coupon

3.125%

spread set

price

99.51600

yield

3.256%

book size (m)

3,400

peak book (m)

x-covered

6.8

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

3,400

peak book (m)

x-covered

6.8

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche #2ArcelorMittal SA

currency

EUR

size (m)

500.000

maturity

Dec 13, 2031

type

Fixed

tenor

7.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa3

s&p

BBB-

fitch

size description

re-open/tap

ipt

MS+195 a

ipt-pxd

guidance

MS+165 a

spread

155

coupon

3.50%

spread set

price

99.20900

yield

3.63%

book size (m)

3,800

peak book (m)

x-covered

7.6

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

3,800

peak book (m)

x-covered

7.6

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

4 yr: Book size: 3400; Registration: Reg S Only; Comments: EUR500m part of 2-tr 4yr bmk snr unsec RegS. Baa3/BBB-. BNPP/CA-CIB/Citi/GS/HSBC(B&D)/IMI/Natx. IPTs 4yr MS+160 area. Guidance MS+130 area for 500m each. Launch MS+120. Final books 3.4bn+ (peak 3.5bn+). OBL 2.4% Oct 28 @ 101.7 (B+131.9bps / HR: 99%), DBR 0% Aug 31 @ 87.9 (B+168.0bps / HR: 105%). FTT 7:30am, Dec 10. Par Call: 1m. Cleanup Call: 75%. MWC: B+20bps. CoC: Yes. LEI: 2EULGUTUI56JI9SAL165; 7 yr: Book size: 3800; Registration: Reg S Only; Comments: EUR500m part of 2-tr 7yr bmk snr unsec RegS. Baa3/BBB-. BNPP/CA-CIB/Citi/GS/HSBC(B&D)/IMI/Natx. IPTs 7yr MS+195 area. Guidance MS+165 area for 500m each. Launch MS+155. Final books 3.8bn+ (peak 3.9bn+). OBL 2.4% Oct 28 @ 101.7 (B+131.9bps / HR: 99%), DBR 0% Aug 31 @ 87.9 (B+168.0bps / HR: 105%). FTT 7:30am, Dec 10. Par Call: 1m. Cleanup Call: 75%. MWC: B+20bps. CoC: Yes. LEI: 2EULGUTUI56JI9SAL165;

Use of Proceeds

Refinancing of existing indebtedness and for general corporate purposes

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