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Arcelor Mittal set to raise $3bn
A bond of $3bn (£1.5bn; 1.9bn euros) will be issued by Steelmaker Arcelor Mittal. Because its long term debt has risen to more than $25bn so it will use the funds from selling the bonds to reduce its long-term debt.
The world’s largest steelmaker by volume, the firm was created by Mittal Steel’s 2006 takeover of […]
