Replies to post #14213 on The Rising Influence of Rising Affluence

[DewDiligence]

Updated prospectus for CLF's stock offering @$10.75:

https://www.sec.gov/Archives/edgar/data/764065/000076406517000028/prospectus424b5documentfin.htm

CLF’s net proceeds from the offering (after fees) were $575.5M.

If the underwriter’s 30-day option on 8.25M shares is exercised (which is almost certain given that the stock is trading above the exercise price), CLF will receive an additional $86.3M (after fees) for total proceeds from the stock offering of $661.8M.

(The proceeds from CLF’s bond offering are in addition to the above.)