CLEVELAND, March 24, 2017 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today the expiration of and final results for its previously announced offers to purchase for cash (each offer a "Tender Offer" and collectively, the "Tender Offers") up to the maximum aggregate principal amount of its outstanding 5.90% Senior Notes due [...]
CLEVELAND, March 15, 2017 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it has redeemed in full, as set forth in notices of redemption issued on February 13, 2017, all of its outstanding 8.00% 1.5 lien senior secured notes due 2020 and 7.75% second lien senior secured notes due 2020. The aggregate principal amount [...]
CLEVELAND, March 10, 2017 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) is pleased to announce that its previously announced tender offers to purchase (each offer a "Tender Offer" and collectively, the "Tender Offers") for cash certain series of senior notes listed in the table below (collectively, the "Securities") have been [...]
CLEVELAND, Feb. 27, 2017 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it has issued $500 million aggregate principal amount of 5.75% Senior Notes due 2025. The Notes are guaranteed on a senior unsecured basis by the Company's material direct and indirect wholly-owned domestic subsidiaries. The Company will use the [...]
CLEVELAND, Feb. 10, 2017 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it has priced an offering of $500 million aggregate principal amount of Senior Notes due 2025 (the "Notes") in an offering that is exempt from the registration requirements of the Securities Act of 1933 (the "Securities Act"). The Notes will bear [...]
CLEVELAND, Feb. 9, 2017 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it intends to offer to sell, subject to market and other conditions, $500 million aggregate principal amount of Senior Notes due 2025 (the "Notes") in an offering that is exempt from the registration requirements of the Securities Act of 1933 (the [...]
CLEVELAND, Feb. 9, 2017 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced the pricing of its underwritten public offering of its common shares ("Common Shares"). Cliffs agreed to sell 55,000,000 Common Shares at a public offering price of $10.75 per share (the "Offering"). Gross proceeds to Cliffs from this Offering are [...]
CLEVELAND, Feb. 9, 2017 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced that it has commenced an underwritten offering to sell 50,000,000 common shares ("Common Shares") or up to an aggregate of 57,500,000 Common Shares if the underwriter exercises its option to purchase additional Common Shares in full (the "Offering [...]
CLEVELAND, Feb. 9, 2017 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today the commencement of tender offers to purchase (each offer a "Tender Offer" and collectively, the "Tender Offers"), subject to certain terms and conditions, up to the maximum aggregate principal amount of its outstanding 5.90% Senior Notes due March [...]
- Fourth-quarter Net Income of $81 million and Earnings of $0.42 per diluted share from continuing operations - Fourth-quarter Adjusted EBITDA1 of $174 million - Full-year Net Income of $199 million and Earnings of $0.97 per diluted share from continuing operations - Full-year Adjusted EBITDA1 of $374 million CLEVELAND, Feb. 9, 2017 /PRNewswire [...]
CLEVELAND, Jan. 5, 2017 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today said it will be announcing fourth-quarter and full-year 2016 financial results before the U.S.-market open on Thursday, February 9, 2017. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and [...]
CLEVELAND, Dec. 14, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced the following executive leadership promotions, effective January 1, 2017. P. Kelly Tompkins is named Executive Vice President & Chief Operating Officer. Mr. Tompkins, currently Executive Vice President & Chief Financial Officer, will oversee the [...]
