Luxembourg, July 12, 2019 08:00 CET -- ArcelorMittal ("the Company" or 
"the Issuer") completed yesterday the pricing of its offering of US$750 
million aggregate principal amount of its 3.600% notes due 2024 (the 
"Series 2024 Notes") and US$500 million aggregate principal amount of 
its 4.250% notes due 2029 (the "Series 2029 Notes"). 
   The proceeds to ArcelorMittal (before expenses), amounting to 
approximately $1.2 billion, will be used for general corporate purposes 
including future repayment of existing indebtedness and to partially 
pre-fund commitments under the Essar acquisition financing facility. 
   The offering is scheduled to close on July 16, 2019, subject to 
satisfaction of customary conditions. 
   The Issuer has filed a registration statement (including a prospectus) 
with the SEC for the offering to which this communication relates. 
Before you invest, you should read the prospectus in that registration 
statement and other documents the Issuer has filed with the SEC for more 
complete information about the Issuer and this offering.  You may get 
these documents for free by visiting EDGAR on the SEC Web site at 
www.sec.gov.  Alternatively, the Issuer, any underwriter or any dealer 
participating in the offering will arrange to send you the prospectus if 
you request it by contacting BofA Securities, Inc. by emailing 
dg.prospectus_requests@baml.com, Citigroup Global Markets Inc. by 
calling toll-free at (800) 831-9146 or emailing prospectus@citi.com, 
Goldman Sachs & Co. LLC by calling toll-free at (866) 471-2526 or by 
emailing prospectus-ny@ny.email.gs.com, J.P. Morgan Securities LLC by 
calling collect at (212) 834-4533 and RBC Capital Markets, LLC by 
calling toll-free at (866) 375-6829. 
   This press release does not constitute an offer to sell or the 
solicitation of an offer to buy any securities, nor will there be any 
sale of securities in any state or jurisdiction in which such offer, 
solicitation or sale would be unlawful prior to registration or 
qualification under the securities laws of any such state or 
   This press release may contain forward-looking information and 
statements about ArcelorMittal and its subsidiaries. These statements 
include financial projections and estimates and their underlying 
assumptions, statements regarding plans, objectives and expectations 
with respect to future operations, products and services, and statements 
regarding future performance. Forward-looking statements may be 
identified by the words "believe," "expect," "anticipate," "target" or 
similar expressions. Although ArcelorMittal's management believes that 
the expectations reflected in such forward-looking statements are 
reasonable, investors and holders of ArcelorMittal's securities are 
cautioned that forward-looking information and statements are subject to 
numerous risks and uncertainties, many of which are difficult to predict 
and generally beyond the control of ArcelorMittal, that could cause 
actual results and developments to differ materially and adversely from 
those expressed in, or implied or projected by, the forward-looking 
information and statements. These risks and uncertainties include those 
discussed or identified in the filings with the Luxembourg Stock Market 
Authority for the Financial Markets (Commission de Surveillance du 
Secteur Financier) and the United States Securities and Exchange 
Commission (the "SEC") made or to be made by ArcelorMittal, including 
ArcelorMittal's Annual Report on Form 20-F for the year ended December 
31, 2018 filed with the SEC. ArcelorMittal undertakes no obligation to 
publicly update its forward-looking statements, whether as a result of 
new information, future events, or otherwise. 
   No communication and no information in respect of the offering of 
securities may be distributed to the public in any jurisdiction where a 
registration or approval is required. The offering or subscription of 
securities may be subject to specific legal or regulatory restrictions 
in certain jurisdictions. ArcelorMittal takes no responsibility for any 
violation of any such restrictions by any person. 
   In any EEA Member State, this communication is only addressed to and 
directed at qualified investors in that Member State within the meaning 
of Directive 2003/71/EC (such Directive and amendments thereto, 
including Directive 2010/73/EU together with any applicable implementing 
measures in the relevant home Member State, the "Prospectus Directive"). 
   This communication is only being distributed to and is only directed at 
(i) persons who are outside the United Kingdom or (ii) investment 
professionals falling within Article 19(5) of the Financial Services and 
Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) 
high net worth companies, and other persons to whom it may lawfully be 
communicated, falling within Article 49(2)(a) to (d) of the Order (all 
such persons together being referred to as "relevant persons").  The 
Notes are only available to, and any invitation, offer or agreement to 
subscribe, purchase or otherwise acquire such Notes will be engaged in 
only with, relevant persons.  Any person who is not a relevant person 
should not act or rely on this document or any of its contents. 
   MiFID II professionals/ECPs-only/No PRIIPs KID. 
   About ArcelorMittal 
   ArcelorMittal is the world's leading steel and mining company, with a 
presence in 60 countries and an industrial footprint in 19 countries. 
Guided by a philosophy to produce safe, sustainable steel, we are the 
leading supplier of quality steel in the major global steel markets 
including automotive, construction, household appliances and packaging, 
with world-class research and development and outstanding distribution 
   Through our core values of sustainability, quality and leadership, we 
operate responsibly with respect to the health, safety and wellbeing of 
our employees, contractors and the communities in which we operate. 
   For us, steel is the fabric of life, as it is at the heart of the modern 
world from railways to cars and washing machines. We are actively 
researching and producing steel-based technologies and solutions that 
make many of the products and components people use in their everyday 
lives more energy efficient. 
   We are one of the world's five largest producers of iron ore and 
metallurgical coal. With a geographically diversified portfolio of iron 
ore and coal assets, we are strategically positioned to serve our 
network of steel plants and the external global market. While our steel 
operations are important customers, our supply to the external market is 
increasing as we grow. 
   In 2018, ArcelorMittal had revenues of $76.0 billion and crude steel 
production of 92.5 million metric tonnes, while own iron ore production 
reached 58.5 million metric tonnes. 
   ArcelorMittal is listed on the stock exchanges of New York (MT), 
Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock 
exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS). 
   For more information about ArcelorMittal please visit: 
Contact information ArcelorMittal 
 Investor Relations 
Europe                                                   +44 20 7543 1156 
Americas                                                  +1 312 899 3985 
Retail                                                   +44 20 7543 1156 
SRI                                                       +44 207543 1156 
Bonds/Credit                                              +33 171 921 026 
Contact information ArcelorMittal 
 Corporate Communications 
  E-mail:                                         press@arcelormittal.com 
Phone:                                                      +442076297988 
ArcelorMittal Corporate Communications 
Paul Weigh                                               +44 20 3214 2419 

(END) Dow Jones Newswires

July 12, 2019 02:15 ET (06:15 GMT)

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