Cleveland-Cliffs Announces Additional $200 Million Offering of Senior Unsecured Guaranteed Notes, Bringing Total Issuance to $1.05 Billion

Reuters

Oct 07, 2025

Cleveland-Cliffs Announces Additional $200 Million Offering of Senior Unsecured Guaranteed Notes, Bringing Total Issuance to $1.05 Billion

Cleveland-Cliffs Inc. $(CLF)$ has announced a proposed offering of an additional $200 million aggregate principal amount of Senior Unsecured Guaranteed Notes due 2034. The Additional Notes will be issued as part of the company's existing 7.625% Senior Unsecured Guaranteed Notes due 2034, originally issued in a $850 million principal amount. The new notes will be of the same class and series as the initial notes, with a maturity date in 2034 and an interest rate of 7.625%. The company plans to use the net proceeds from this additional offering to repay borrowings under its asset-based credit facility. Wells Fargo is acting as the sole bookrunner for the offering. The Additional Notes are being offered only to qualified institutional buyers under Rule 144A and to certain non-U.S. persons under Regulation S of the Securities Act.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cleveland-Cliffs Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251006445872) on October 07, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2573952058"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2573952058\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2573952058?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-07 20:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2573952058","market":"nz","top_or_hot":-1,"title":"Cleveland-Cliffs Announces Additional $200 Million Offering of Senior Unsecured Guaranteed Notes, Bringing Total Issuance to $1.05 Billion","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Cleveland-Cliffs Announces Additional $200 Million Offering of Senior Unsecured Guaranteed Notes, Bringing Total Issuance to $1.05 Billion\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Cleveland-Cliffs Inc. <a href=\"https://laohu8.com/S/CLF\">$(CLF)$</a> has announced a proposed offering of an additional $200 million aggregate principal amount of Senior Unsecured Guaranteed Notes due 2034. The Additional Notes will be issued as part of the company's existing 7.625% Senior Unsecured Guaranteed Notes due 2034, originally issued in a $850 million principal amount. The new notes will be of the same class and series as the initial notes, with a maturity date in 2034 and an interest rate of 7.625%. The company plans to use the net proceeds from this additional offering to repay borrowings under its asset-based credit facility. <a href=\"https://laohu8.com/S/EOD\">Wells Fargo</a> is acting as the sole bookrunner for the offering. The Additional Notes are being offered only to qualified institutional buyers under Rule 144A and to certain non-U.S. persons under Regulation S of the Securities Act.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cleveland-Cliffs Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251006445872) on October 07, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cleveland-Cliffs Announces Additional $200 Million Offering of Senior Unsecured Guaranteed Notes, Bringing Total Issuance to $1.05 Billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCleveland-Cliffs Announces Additional $200 Million Offering of Senior Unsecured Guaranteed Notes, Bringing Total Issuance to $1.05 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-10-07 20:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Cleveland-Cliffs Announces Additional $200 Million Offering of Senior Unsecured Guaranteed Notes, Bringing Total Issuance to $1.05 Billion\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Cleveland-Cliffs Inc. <a href=\"https://laohu8.com/S/CLF\">$(CLF)$</a> has announced a proposed offering of an additional $200 million aggregate principal amount of Senior Unsecured Guaranteed Notes due 2034. The Additional Notes will be issued as part of the company's existing 7.625% Senior Unsecured Guaranteed Notes due 2034, originally issued in a $850 million principal amount. The new notes will be of the same class and series as the initial notes, with a maturity date in 2034 and an interest rate of 7.625%. The company plans to use the net proceeds from this additional offering to repay borrowings under its asset-based credit facility. <a href=\"https://laohu8.com/S/EOD\">Wells Fargo</a> is acting as the sole bookrunner for the offering. The Additional Notes are being offered only to qualified institutional buyers under Rule 144A and to certain non-U.S. persons under Regulation S of the Securities Act.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cleveland-Cliffs Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251006445872) on October 07, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CLF","symbol_name":"克利夫兰克里夫","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251007:nNDL9bB8cj:1","article_id":"2573952058","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2573952058","pubTimestamp":1759838719,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Cleveland-Cliffs Announces Additional $200 Million Offering of Senior Unsecured Guaranteed Notes, Bringing Total Issuance to $1.05 Billion. Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cleveland-Cliffs Inc. published the original content used to generate this news brief via Business Wire  on October 07, 2025, and is solely responsible for the information contained therein.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CLF":"克利夫兰克里夫","BK4006":"钢铁","BK4588":"碎股","BK4585":"ETF&股票定投概念"},"translate_title":"Cleveland-Cliffs宣布额外发行2亿美元的高级无担保担保票据，使发行总额达到10.5亿美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CLF":0.9},"content_text":"Cleveland-Cliffs Announces Additional $200 Million Offering of Senior Unsecured Guaranteed Notes, Bringing Total Issuance to $1.05 Billion\n    \n\n        Cleveland-Cliffs Inc. $(CLF)$ has announced a proposed offering of an additional $200 million aggregate principal amount of Senior Unsecured Guaranteed Notes due 2034. The Additional Notes will be issued as part of the company's existing 7.625% Senior Unsecured Guaranteed Notes due 2034, originally issued in a $850 million principal amount. The new notes will be of the same class and series as the initial notes, with a maturity date in 2034 and an interest rate of 7.625%. The company plans to use the net proceeds from this additional offering to repay borrowings under its asset-based credit facility. Wells Fargo is acting as the sole bookrunner for the offering. The Additional Notes are being offered only to qualified institutional buyers under Rule 144A and to certain non-U.S. persons under Regulation S of the Securities Act.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cleveland-Cliffs Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251006445872) on October 07, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}