secwatch.observer — SEC 8-K summary
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Issuer:     CLEVELAND-CLIFFS INC. (CLF)
CIK:        0000764065
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0000764065-25-000035
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Cleveland-Cliffs issues $850M of 7.5% Senior Guaranteed Notes due 2031
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- Issued $850M aggregate principal of 7.500% Senior Guaranteed Notes due September 15, 2031.
- Interest payable semi-annually on March 15 and September 15, commencing September 15, 2025.
- Notes are unsecured senior obligations; guaranteed by material domestic subsidiaries.
- Net proceeds to be used for general corporate purposes, including repayment of ABL borrowings.
- Redeemable at make-whole prior to March 15, 2028; thereafter at sliding scale starting at 103.75%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/764065/000076406525000035/0000764065-25-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/764065/000076406525000035/clf-20250206.htm
  HTML page:      https://secwatch.observer/filing/0000764065-25-000035

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