---
schema_version: "secwatch.filing_event.v1"
accession: "0000764065-25-000142"
form_type: "8-K"
ticker: "CLF"
cik: "0000764065"
company_name: "CLEVELAND-CLIFFS INC."
filed_at: "2025-10-07T23:59:59+00:00"
generated_at: "2026-05-17T04:31:35.062290+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Cleveland-Cliffs upsizes and prices additional $275M 7.625% notes due 2034 at 102.75% of par

## Summary
- Priced additional $275M aggregate principal of 7.625% Senior Unsecured Guaranteed Notes due 2034 at 102.75% (yield 6.992%).
- Upsized from originally proposed $200M; add-on to existing $850M same-series notes issued Sept 8, 2025.
- Net proceeds to repay borrowings under asset-based credit facility (ABL).
- Offering expected to close October 10, 2025, subject to customary conditions.
- Wells Fargo acted as sole bookrunner for the add-on offering.

## SEC filing metadata
- accession: 0000764065-25-000142
- form_type: 8-K
- ticker: CLF
- cik: 0000764065
- company_name: CLEVELAND-CLIFFS INC.
- filed_at: 2025-10-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/764065/000076406525000142/0000764065-25-000142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/764065/000076406525000142/clf-20251007.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000764065-25-000142
- JSON: https://secwatch.observer/filing/0000764065-25-000142.json
- Plain text: https://secwatch.observer/filing/0000764065-25-000142.txt

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