---
schema_version: "secwatch.filing_event.v1"
accession: "0000764065-24-000193"
form_type: "8-K"
ticker: "CLF"
cik: "0000764065"
company_name: "CLEVELAND-CLIFFS INC."
filed_at: "2024-10-08T23:59:59+00:00"
generated_at: "2026-05-30T18:34:22.340759+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cleveland-Cliffs prices $1.8B senior notes to fund Stelco acquisition

## Summary
- Upsized offering: $900M 6.875% Senior Guaranteed Notes due 2029 and $900M 7.375% Notes due 2033, both at par.
- Net proceeds to finance part of the cash consideration for the previously announced Stelco Holdings Inc. acquisition.
- Closing expected October 22, 2024; special mandatory redemption at 100% if Stelco deal fails by April 14, 2025 (extendable to July 14, 2025).
- Notes are senior unsecured guaranteed by Cliffs' material domestic subsidiaries.

## SEC filing metadata
- accession: 0000764065-24-000193
- form_type: 8-K
- ticker: CLF
- cik: 0000764065
- company_name: CLEVELAND-CLIFFS INC.
- filed_at: 2024-10-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/764065/000076406524000193/0000764065-24-000193-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/764065/000076406524000193/clf-20241008.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000764065-24-000193
- JSON: https://secwatch.observer/filing/0000764065-24-000193.json
- Plain text: https://secwatch.observer/filing/0000764065-24-000193.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.