11:38 AM EDT, 03/18/2024 (MT Newswires) -- Cleveland-Cliffs ( CLF ) disclosed Monday the final results of the tender offer for its 6.75% senior secured notes due 2026.

The company said it bought about $639.7 million in principal amount of the notes that were tendered, with the principal amount outstanding at about $828.9 million.

The tender offer expired on March 13.

Also, the company said it issued on March 4 a notice of redemption for all of the notes outstanding after settlement of the tender offer at 101.688% of the principal amount, plus unpaid interest to the redemption date, which is expected to be April 3.

Cleveland-Cliffs ( CLF ) shares were rising 1.7% in recent trading.

Price: 20.09, Change: +0.33, Percent Change: +1.69