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Sheet Steel Rolls Credit: Yakov Oskanov/Shutterstock.com

Cleary Gottlieb Steen & Hamilton has advised ArcelorMittal on a $2 billion issue of shares and convertible debt—part of a strategy to reduce net debt and enhance liquidity for the post-COVID 19 period, according to a lawyer involved.

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Anne Bagamery

Anne Bagamery is the Paris-based correspondent for Law.com International. She writes about lawyers and legal issues in France and elsewhere in Europe. Her coverage includes the business of law, global and domestic law firms, in-house legal departments and regulatory issues. She can be reached at abagamery@alm.com and on Twitter: @abagamery.

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