Cleveland-cliffs announces offering and pricing of additional senior secured notes due 2025

Cleveland-cliffs inc. announces offering and pricing of additional senior secured notes due 2025 to repurchase notes trading at discounts.cleveland-cliffs inc - net proceeds will be used to retire approximately $736 million of senior notes.cleveland-cliffs inc - total debt reduced by approximately $181 million through discount capture.cleveland-cliffs inc - offered and priced additional $555.2 million of senior secured notes due 2025 at a price of 99% of their principal amount.
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