Bond ArcelorMittal Steel 0% ( FR0128620509 ) in EUR

Issuer	ArcelorMittal Steel
Market price	100 % ⇌
Country	Luxembourg
ISIN code	FR0128620509 ( in EUR )
Interest rate	0%
Maturity	20/08/2024 - Bond has expired
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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. A notable development in the fixed-income market pertains to the recent maturity and full repayment of a specific bond issued by ArcelorMittal. The instrument, identified by ISIN FR0128620509 and denominated in EUR, reached its maturity date on August 20, 2024. Issued from Luxembourg, this bond featured a 0% interest rate, indicating a structure where a single principal payment was due at maturity, consistent with its recorded payment frequency. Upon its scheduled conclusion, the bond was fully repaid at 100% of its nominal value, confirming its successful settlement for investors. The issuer, ArcelorMittal, stands as the world's leading steel and mining company, operating globally across 60 countries and maintaining a significant presence in primary steelmaking markets, thereby underpinning its status as a major participant in international capital markets and a significant issuer of financial instruments.