IFLR1000

ArcelorMittal $7 billion syndicated bridge loan

31/12/2018
Acquisition finance
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$ 7 billion

Announced

31/12/2018

Overview:

  • ArcelorMittal is taking out a $7 billion syndicated bridge loan for the acquisition of Essar Steel in India.

Jurisdiction:

United Kingdom

Deal type:

Acquisition finance

Practice area:

Banking

Industry sector:

Industrials and manufacturing

Firm:
Cleary Gottlieb Steen & Hamilton

Party: ArcelorMittal (Borrower)

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