Davis Polk advised the joint book-running managers of a $1 billion SEC-registered offering by ArcelorMittal consisting of $500 million aggregate principal amount of 5.125% notes due 2020 and $500 billion aggregate principal amount of 6.125% notes due 2025.  

ArcelorMittal is the world’s largest and most global steel producer, with steel-making operations in 19 countries on four continents. ArcelorMittal is the largest producer of steel in North and South America and Africa, a significant steel producer in the Commonwealth of Independent States, and has a growing presence in Asia, including investments in China and India.   

The Davis Polk corporate team included partners Andrés V. Gil and John Banes, counsel Amy T. Alter and associate Bhupinder Grewal. Partner John D. Paton and associate Nicholas A. Machen provided tax advice. All members of the Davis Polk team are based in the Paris and London offices.    

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