{"schema_version":"secwatch.filing_event.v1","accession":"0000764065-23-000117","form_type":"8-K","ticker":"CLF","cik":"0000764065","company_name":"CLEVELAND-CLIFFS INC.","filed_at":"2023-06-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.184985+00:00","generated_at":"2026-06-14T04:24:31.185489+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Cleveland-Cliffs increases ABL revolver by $250M to $4.75B, extends maturity to June 2028","bullets":["Fourth Amendment to Asset-Based Revolving Credit Agreement executed June 9, 2023.","Tranche A revolver commitments increased by $250 million to $4,750 million total.","Maturity extended from March 13, 2025 to June 9, 2028 (over 3 years extension).","Bank of America N.A. remains administrative agent; lenders party to the agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0000764065-23-000117","json":"https://secwatch.observer/filing/0000764065-23-000117.json","markdown":"https://secwatch.observer/filing/0000764065-23-000117.md","text":"https://secwatch.observer/filing/0000764065-23-000117.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/764065/000076406523000117/0000764065-23-000117-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/764065/000076406523000117/clf-20230609.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T04:24:31.185489+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"63fed2f8cea532add07b7a0bf2cd5cc4c27569de","claim":"CLEVELAND-CLIFFS INC. amended revolving credit of $4,750 million with Bank of America, N.A., as administrative agent maturing June 9, 2028.","evidence_excerpt":"The Fourth Amendment, among other things, increases the amount of tranche A revolver commitments available thereunder by an additional $250 million to an aggregate principal amount of $4,750 million and extends the maturity date of all such commitments from March 13, 2025 to June 9, 2028.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/764065/000076406523000117/0000764065-23-000117-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$4,750 million"},{"label":"Counterparty","value":"Bank of America, N.A., as administrative agent"},{"label":"Maturity","value":"June 9, 2028"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"1eddfa5af9d8ebfe98224716bee471ba07b216a8","claim":"CLEVELAND-CLIFFS INC. amended Fourth Amendment to Asset-Based Revolving Credit Agreement with Bank of America N.A., as administrative agent, and the lenders party thereto valued at $250 million (effective 2023-06-09).","evidence_excerpt":"On June 9, 2023, Cleveland-Cliffs Inc., an Ohio corporation (the “Company”), entered into the Fourth Amendment to Asset-Based Revolving Credit Agreement (the “Fourth Amendment”), by and among the Company, the lenders party thereto and Bank of America N.A., as administrative agent (the “Agent”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/764065/000076406523000117/0000764065-23-000117-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of America N.A., as administrative agent, and the lenders party thereto"},{"label":"Value","value":"$250 million"},{"label":"Effective","value":"2023-06-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}