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Wednesday, 01/09/2013 8:35:26 AM

Wednesday, January 09, 2013 8:35:26 AM

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ArcelorMittal (MT) -5.1% premarket after announcing plans for a combined offering of common stock and mandatorily convertible subordinated notes to raise ~$3.5B; proceeds will be used to reduce debt. Also, the steel maker will restart one of its blast furnaces at its plant in Dunkerque, France, due to increased customer demand.
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