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Wednesday, 04/15/2020 9:12:22 AM

Wednesday, April 15, 2020 9:12:22 AM

Post# of 9055
CLF selling $400M of 5-year notes—pricing to be determined:

https://finance.yahoo.com/news/cleveland-cliffs-inc-announces-proposed-125100383.html

Cliffs intends to use the net proceeds from the Notes Offering for general corporate purposes, including to strengthen its balance sheet and increase liquidity, which may include repaying a portion of the borrowings outstanding under the ABL Facility.


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