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ArcelorMittal : Un appel au marché inattendu. Un excès de prudence du management selon nous

>Un appel au marché inattendu - ArcelorMittal (AM) a annoncé hier de manière inattendue un appel au marché pour un montant total de 2,0 Md$ dont 1/ 750 M$ d’actions soit 80.9 millions d’actions (8% du capital) au prix de 8.57 € et 2/ 1,25 Md$ d’obligations convertibles avec une maturité de 3 ans et payant un coupon de 5.50% par an. Le management justifie cette décision comme une mesure proactive pour accélérer la réalisation de son objectif de 7 Md$ de dette nette (po...
Underlying
ArcelorMittal SA

ArcelorMittal is a steel company, based in Luxembourg, with operations in more than 60 countries. Co. is active in all major global steel markets, including automotive, construction, household appliances and packaging, as well as activities in Research & Development and technology, with captive supplies of raw materials and its own distribution network. Co. has an industrial presence in over 20 countries spanning four continents, covering key steel markets, from emerging to mature. Co. offers a complete spectrum of steel products from commodity steel to value-added products, from long products to flat, from standard to specialty products, from carbon steel to stainless steel and alloys.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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