Mandatories to go mainstream after ArcelorMittal
ArcelorMittal took $2.25bn from the mandatory convertible bond market, and a further $1.75bn in straight equity this week in a deal that bankers hope will be replicated by other large-cap European firms seeking capital.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts