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ArcelorMittal Prices US$1 Billion 5.375% Notes Due 2036

Story Highlights
  • ArcelorMittal priced a US$1 billion 5.375% bond due 2036 on May 12, 2026.
  • Net proceeds of about US$987 million will fund general corporate purposes, reinforcing balance sheet flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ArcelorMittal Prices US$1 Billion 5.375% Notes Due 2036

Meet Samuel – Your Personal Investing Prophet

ArcelorMittal ( (MT) ) has shared an update.

On 12 May 2026, ArcelorMittal priced a US$1 billion bond offering of 5.375% notes maturing on 19 May 2036, with net proceeds of about US$987.1 million earmarked for general corporate purposes. The transaction, announced on 13 May 2026 and expected to close on 19 May 2026 subject to customary conditions, underscores the company’s continued use of long-term U.S. dollar debt to support its balance sheet flexibility and ongoing operational and strategic needs.

The notes issuance, conducted under an SEC registration, reflects ArcelorMittal’s ability to tap global fixed-income investors at scale, potentially diversifying its funding base and locking in a defined cost of capital through 2036. For bondholders and other stakeholders, the deal provides clarity on the company’s near-term financing plans while signaling confidence in its access to international debt markets and adherence to standard regulatory and investor-protection frameworks.

The most recent analyst rating on (MT) stock is a Hold with a $60.00 price target. To see the full list of analyst forecasts on ArcelorMittal stock, see the MT Stock Forecast page.

Spark’s Take on MT Stock

According to Spark, TipRanks’ AI Analyst, MT is a Neutral.

The score is anchored by solid financial resilience (notably a conservative balance sheet) but held back by modest current-cycle profitability and thin free cash flow conversion. The latest earnings call meaningfully improves the outlook with guidance for Q2 improvement and a credible 2026 EBITDA uplift pipeline, while technicals and valuation are mixed and do not provide strong near-term support.

To see Spark’s full report on MT stock, click here.

More about ArcelorMittal

ArcelorMittal is a global steel and mining company headquartered in Luxembourg. It produces a broad range of steel products serving automotive, construction, energy, and industrial markets worldwide, and regularly accesses international capital markets to fund its corporate activities and long-term operations.

Average Trading Volume: 1,867,103

Technical Sentiment Signal: Buy

Current Market Cap: $44.76B

For a thorough assessment of MT stock, go to TipRanks’ Stock Analysis page.

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