Company: MT
Filing Date: 2025-08-01
Form Type: 6-K
Source: 0001243429-25-000067
Chunk: 25

Company: ArcelorMittal
Filing Date: 2025-08-01
Form: 6-K
Chunk 25
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 flows. Most of the external debt is borrowed by the parent company on an unsecured basis and bears interest at varying levels based on a combination of fixed and variable interest rates. ArcelorMittal had available borrowing capacity of $5.5 billion under its $5.5 billion revolving credit facility as of June 30, 2025 and December 31, 2024. Financings The principal financings of ArcelorMittal and its subsidiaries are summarized below by category. Further information regarding ArcelorMittal's short-term and long-term indebtedness is provided in note 9 to the interim condensed consolidated financial statements. Further information regarding ArcelorMittal’s use of financial instruments for hedging purposes is set forth in note 10 to the interim condensed consolidated financial statements.

Principal credit facilities On May 29, 2024, ArcelorMittal signed a new $5.5 billion revolving credit facility (the "Facility") which replaced the $5.5 billion revolving credit facility dated December 19, 2018 (amended on April 27, 2021) to incorporate a single tranche of $5.5 billion maturing on May 29, 2029, with two one-year extension options at the lenders’ discretion (i.e. the options to extend are to be exercised before the dates that are respectively one and two years after the signing date of the agreement). On April 30, 2025, ArcelorMittal exercised the option to extend the facility's maturity by one year to May 29, 2030. The Facility may be used for general corporate purposes and was fully available as of June 30, 2025. On September 30, 2010, ArcelorMittal entered into a $500 million revolving multi-currency letter of credit facility (the "Letter of Credit Facility"). The Letter of Credit Facility is used by the Company and its subsidiaries for the issuance of letters of credit and other instruments. The terms of the letters of credit and other instruments contain certain restrictions as to duration. The Letter of Credit facility, whose amount and maturity have been revised from time to time, amounted to $445 million at June 30, 2025. On July 31, 2024, the Company refinanced its Letter of Credit Facility by entering into a $445 million revolving multicurrency letter of credit facility, with maturity extended from July 31, 2024 to July 31, 2027 with two one year extension options. The Letter