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ItalianoBond ArcelorMittal Steel 0% ( FR0128193382 ) in USD
| Issuer | ArcelorMittal Steel |
| Market price | 100 % ⇌ |
| Country |  Luxembourg
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| ISIN code |
 FR0128193382 ( in USD )
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| Interest rate | 0% |
| Maturity | 05/01/2024 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | / |
| Detailed description |
ArcelorMittal is the world's leading steel and mining company, producing a wide range of steel products for construction, automotive, and other industries, with operations spanning multiple countries. This financial update concerns a specific debt instrument issued by ArcelorMittal, which has recently reached its maturity and been fully redeemed. The bond, identified by ISIN code FR0128193382, was issued in Luxembourg and denominated in United States Dollars (USD). ArcelorMittal, a multinational steel manufacturing corporation with its headquarters in Luxembourg, stands as one of the world's largest steel producers, operating across numerous countries and serving diverse industrial sectors, thereby representing a significant entity in the global materials market. The bond featured a 0% interest rate, indicating it functioned as a zero-coupon instrument or a note without periodic interest payments, and matured on January 5, 2024. While the original payment frequency was set at two times per year, no coupon payments were applicable due to the zero interest rate, and the instrument was repaid at 100% of its face value upon its maturity date. |