07:52 AM EDT, 09/03/2025 (MT Newswires) -- Cleveland-Cliffs ( CLF ) said Wednesday it plans to launch a $600 million offering of senior unsecured guaranteed notes due 2034.
Net proceeds, together with liquidity on hand, will be used to redeem all of Cleveland-Cliffs ( CLF ) outstanding 5.875% senior guaranteed notes due 2027, 7.00% senior guaranteed notes due 2027, and AK Steel 7.00% senior notes due 2027, the company said.