Bond ArcelorMittal Steel 0% ( FR0128449065 ) in EUR
Issuer | ArcelorMittal Steel |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 29/04/2024 - Bond has expired |
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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. The bond, identified by ISIN FR0128449065 and issued by ArcelorMittal, the global leader in steel and mining based in Luxembourg, successfully matured and was redeemed on April 29, 2024. This specific Euro-denominated debt instrument, characterized by a 0% interest rate, indicates that it was likely structured as a zero-coupon bond where investor returns were realized through a discount at its initial issuance, with the principal then fully repaid at 100% of its nominal value upon expiration. |