Replies to post #9554 on The Rising Influence of Rising Affluence

[DewDiligence]

Best part of today’s CLF PR:

This accelerated debt reduction was achieved through the repayment of short-term debt as well as the repurchase of more than $200 million aggregate principal amount of senior notes in the open market at an average discount of 34 percent to par, capturing a total discount of approximately $70 million.

[jbog]

Ending the div is a positive move. Cliffs Corp looks like it is being run by the keystone cops.

... We redid our loans so we can buy back stock. Hoefully they didn't buy stock.

.... We're closing Bloom..... Maybe, maybe not.

..... Tender your Bonds..... We're not buying bonds.

Classic lost soul.