<div id="readability-page-1"><h3>Claim 55% Off TipRanks</h3><ul><li>Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions </li><li> Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks </li></ul>ArcelorMittal ( (MT) ) has provided an announcement. On May 12, 2026, ArcelorMittal entered into an underwriting agreement to issue $1 billion of 5.375% notes due 2036 under its existing U.S. shelf registration, with J.P. Morgan Securities acting as representative for a syndicate of global banks. The notes, to be settled on May 19, 2026 at 98.712% of principal, will be issued under a 2015 indenture and sold via global notes through DTC, reinforcing the company’s access to long-term funding and highlighting continued investor demand for its dollar-denominated debt. The agreement, disclosed in a Form 6-K filed with the SEC on May 13, 2026, incorporates ArcelorMittal’s standard underwriting provisions with tailored sanctions, anti-boycott and regulatory language reflecting U.S. and EU compliance requirements. The transaction’s structure, including use of a global underwriting syndicate and incorporation by reference into the company’s F-3 registration, underlines ArcelorMittal’s status as a frequent investment-grade issuer and provides additional visibility and liquidity for bond investors in the U.S. market. The most recent analyst rating on (MT) stock is a Hold with a $60.00 price target. To see the full list of analyst forecasts on ArcelorMittal stock, see the MT Stock Forecast page. Spark’s Take on MT Stock According to Spark, TipRanks’ AI Analyst, MT is a Neutral. The score is anchored by solid financial resilience (notably a conservative balance sheet) but held back by modest current-cycle profitability and thin free cash flow conversion. The latest earnings call meaningfully improves the outlook with guidance for Q2 improvement and a credible 2026 EBITDA uplift pipeline, while technicals and valuation are mixed and do not provide strong near-term support. To see Spark’s full report on MT stock, click here. More about ArcelorMittal ArcelorMittal is a Luxembourg-based global steel and mining company, producing a broad range of flat and long steel products for automotive, construction, energy and industrial customers worldwide. It operates across both developed and emerging markets, and its debt securities are listed and traded in international capital markets, making it a regular issuer in U.S. and European bond markets. Average Trading Volume: 1,867,103 Technical Sentiment Signal: Buy Current Market Cap: $44.76B </div>

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ArcelorMittal has announced an underwriting agreement to issue $1 billion of 5.375% notes due 2036, with J.P. Morgan Securities leading a global syndicate. The notes will be settled on May 19, 2026, at 98.712% of principal, enhancing the company's long-term funding access. This transaction reflects strong investor demand for its dollar-denominated debt and underscores ArcelorMittal's status as a frequent investment-grade issuer. The latest analyst rating for ArcelorMittal (MT) stock is a Hold with a price target of $60.00, while Spark's AI Analyst rates it as Neutral due to mixed technicals and valuation.

Tip Ranks

ArcelorMittal

ISHRS MSCI Glb Slct Met & Mining

VanEck Steel ETF

SPDR S&P Mtls & Mng

Invesco DB TR Base Metals ETF

ArcelorMittal S.A.

JPMorgan Chase

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

ArcelorMittal Prices $1 Billion 2036 Dollar Notes Under New Underwriting Deal