Cleveland-Cliffs Inc, founded in 1847 and headquartered in Cleveland, Ohio, is a leading iron ore producer in North America. The company focuses on delivering high-quality iron ore pellets and has expanded its offerings to include flat-rolled carbon steel products and other steel-related services.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Cleveland-Cliffs has a history of bond issuances that dates back to the mid-1990s, with notable significant issuances including a $1 billion offering in 2020 to finance its acquisition of AK Steel. This strategic move enhanced its operational capacity and market presence. Currently, bond yields for Cleveland-Cliffs remain competitive within the steel industry, providing investors with attractive options, particularly in comparison to industry averages.