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Cliffs(CLF) - 2024 Q4 - Annual Results
CLFCliffs(CLF)2025-02-24 22:08

Financial Results - Cleveland-Cliffs Inc. announced preliminary fourth-quarter and full-year 2024 financial results for the period ended December 31, 2024[8]. - The financial results and details of the offering were disclosed in press releases attached as Exhibits 99.1, 99.2, and 99.3[11]. Notes Offering - The company launched a private offering of $850 million aggregate principal amount of Senior Guaranteed Notes due 2031, with an annual interest rate of 7.500%[10]. - The Notes offering is expected to close on February 6, 2025, subject to customary closing conditions[10]. - The Notes will be issued at par and are exempt from the registration requirements of the Securities Act[12]. - The company has not registered the Notes under the Securities Act and they may not be offered or sold in the United States without registration or an applicable exemption[12]. Company Information - The company’s principal executive offices are located at 200 Public Square, Suite 3300, Cleveland, Ohio[2]. - The trading symbol for Cleveland-Cliffs Inc. is CLF, listed on the New York Stock Exchange[3]. - The company is not classified as an emerging growth company under the Securities Act[5]. Signatory - The report was signed by James D. Graham, Executive Vice President, Chief Legal and Administrative Officer & Secretary[17].