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Cleveland-Cliffs Prices $850 Million Notes Due 2031
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Cleveland-Cliffs Prices $850 Million Notes Due 2031
Feb 3, 2025 2:21 PM

04:58 PM EST, 02/03/2025 (MT Newswires) -- Cleveland-Cliffs ( CLF ) said late Monday it has priced its $850 million of senior guaranteed notes due 2031 at par.

The company expects to close the offering Thursday.

Net proceeds from the offering will be used for general corporate purposes, including debt repayment, Cleveland-Cliffs ( CLF ) said.

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