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Cleveland-Cliffs Inc. Announces Early Tender Results and Early Settlement with Respect to Tender Offer for Senior Notes

Cleveland-Cliffs Inc. (CLF) 
Last cleveland-cliffs inc. earnings: 2/20 07:00 am Check Earnings Report
Company Research Source: Business Wire
CLEVELAND--(BUSINESS WIRE)-- Cleveland-Cliffs Inc. (NYSE: CLF) (the “Company”) announced today the early results of its previously announced offer to purchase for cash (the “Tender Offer”) up to $600 million aggregate principal amount (the “Maximum Amount”) of its outstanding 5.75% Senior Guaranteed Notes due 2025 (the “Notes”), subject to the terms and conditions set forth in the Company’s Offer to Purchase dated April 29, 2019 (the “Offer to Purchase”), including the Financing Condition, as defined therein. The Company expects the Financing Condition to be satisfied on May 13, 2019. According to information received from Global Bondholder Services Corporation, the Depositary and Information Agent for the Tender Offer, as of 5:00 p.m., New York City time, on May 10, 2019 (the “Early Tender Date”), $810,553,000 aggregate principal amount of the Notes had been validly tendered and not withdrawn pursuant to the Show less Read more
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