NEW YORK, April 21, 2015 /PRNewswire/ -- Communications Sales & Leasing Inc. (NASD:CSALV) will replace Cliffs Natural Resources (NYSE:CLF) in the S&P MidCap 400 after the close of trading on Friday, April 24. S&P MidCap 400 constituent Windstream Holdings Inc. (NASD:WIN) is spinning off Communications Sales & Leasing in a transaction expected to [...]
Company to Host First-Quarter Earnings' Conference Call on April 29, 2015 CLEVELAND, April 2, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it has named its current Executive Vice President of Business Development, P. Kelly Tompkins as the Company's new Executive Vice President & Chief Financial Officer [...]
CLEVELAND, March 30, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) ("Cliffs" or the "Company") announced today that, on March 30, 2015, it entered into a new senior secured asset-based revolving credit facility (the "New ABL Facility") and successfully completed its previously announced private offering (the "Offering") of $540 [...]
CLEVELAND, March 27, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced that its Board of Directors declared a quarterly cash dividend on the Company's 7.00% Series A Mandatory Convertible Preferred Stock, Class A ("Series A preferred stock"), of $17.50 per share, which is equivalent to approximately $0.4375 per [...]
CLEVELAND, March 25, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) ("Cliffs" or the "Company") announced today that it has priced $540 million aggregate principal amount of 8.25% Senior Secured Notes due March 31, 2020 (the "New First Lien Notes") in an offering that is exempt from the registration requirements of the Securities [...]
CLEVELAND, March 23, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) is pleased to announce that it has entered into a definitive agreement to sell its Chromite assets in Northern Ontario, Canada to Noront Resources Ltd. for $20 million. The transaction is comprised of the chromite deposits and associated claims held by Cliffs. The [...]
CLEVELAND, March 19, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) ("Cliffs" or the "Company") announced today that it intends to offer to sell, subject to market and other conditions, $500 million aggregate principal amount of Senior Secured Notes due 2020 (the "New First Lien Notes") in an offering that is exempt from the [...]
CLEVELAND, March 11, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced the results to date of its pending private offers to exchange (the "Exchange Offers") its newly issued 7.75% Senior Secured Notes due 2020 (the "Senior Secured Notes") for certain outstanding senior unsecured notes of Cliffs listed in the table below [...]
CLEVELAND, March 5, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced that it has amended its previously announced private offers (the "Exchange Offers") to exchange its newly issued 7.75% Senior Secured Notes due 2020 (the "Senior Secured Notes") for certain outstanding senior unsecured notes of Cliffs, upon the terms [...]
CLEVELAND, Feb. 26, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced the commencement of private offers to exchange up to $750 million aggregate principal amount of its newly issued 7.75% Senior Secured Notes due 2020 (the "Senior Secured Notes") for certain outstanding senior unsecured notes of Cliffs, upon the terms [...]
Anticipates End to System Support Resource Payments for All Consumers CLEVELAND, Feb. 18, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it has finalized an interim power agreement with We Energies for its Michigan operations. The Company stated that this is one key step in a series of contemplated short and [...]
LONDON, February 11, 2015 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Investor-Edge has initiated coverage on the following equities: Vale S.A. (NYSE: VALE), Cliffs Natural Resources Inc. (NYSE: CLF), Molycorp Inc. (NYSE: MCP), Teck Resources Ltd. (NYSE: TCK), and Rio Tinto Plc (NYSE: RIO). Free [...]