secwatch.observer — SEC 8-K summary
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Issuer:     CLEVELAND-CLIFFS INC. (CLF)
CIK:        0000764065
Form:       8-K
Filed at:   2025-10-10T23:59:59+00:00
Accession:  0000764065-25-000144
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Cleveland-Cliffs issues $275M add-on of 7.625% notes due 2034; total now $1.125B
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- Issued additional $275M aggregate principal of 7.625% Senior Guaranteed Notes due 2034 at 102.75% of par.
- Combined with prior $850M issuance, total $1.125B outstanding of the same series.
- Net proceeds to repay borrowings under asset-based credit facility.
- Notes are unsecured senior obligations maturing Jan 15, 2034; interest paid semi-annually.
- Guaranteed on unsecured senior basis by material wholly-owned domestic subsidiaries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/764065/000076406525000144/0000764065-25-000144-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/764065/000076406525000144/clf-20251010.htm
  HTML page:      https://secwatch.observer/filing/0000764065-25-000144

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