Davis Polk advised the dealer managers in connection with a cash tender offer by ArcelorMittal S.A. to purchase certain of its outstanding debt securities.

With steelmaking operations in 19 countries on four continents, ArcelorMittal is the world’s largest and most global steel producer and a significant producer of iron ore and coal. ArcelorMittal’s shares are listed on the NYSE, Euronext Amsterdam, Euronext Paris, the Luxembourg Stock Exchange and the Bolsas de Valores of Madrid, Barcelona, Bilbao and Valencia.

The Davis Polk corporate team included partner John Banes and counsel Radoslaw Michalak and Amy T. Alter. Partner John D. Paton, counsel Alon Gurfinkel and associate Veronica Orecharova provided U.S. tax advice. Members of the Davis Polk team are based in the London and Paris offices.