News Headline Summary

ArcelorMittal (MT NA) files amendment to debt securities shelf

- Amendment to shelf also includes shares.

Reaction details (12:24)

- Co. shares move 5.60% lower in immediate reaction to the news from EUR 13.49 to EUR 12.73.

Analysis details (12:40)

- Co. intends to use the net proceeds to reduce existing indebtedness with net debt down to approximately USD 17bln by June 2013.

09 Jan 2013 - 12:23 - Equities - Source: Newswires

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