Cleveland-Cliffs Files 8-K with Financials and Exhibits
Ticker: CLF · Form: 8-K · Filed: Aug 13, 2024 · CIK: 764065
Sentiment: neutral
Topics: financial-statements, exhibits, sec-filing
Related Tickers: CLF
TL;DR
CLF filed an 8-K. Mostly financials and exhibits. No major news.
AI Summary
On August 13, 2024, Cleveland-Cliffs Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, with no specific material events or other significant business updates detailed in the provided text. The report confirms the company's principal executive offices are located at 200 Public Square, Suite 3300, Cleveland, Ohio.
Why It Matters
This filing serves as a routine update for investors, providing access to the company's financial statements and exhibits as of August 13, 2024.
Risk Assessment
Risk Level: low — The filing is a standard procedural document and does not contain information that would immediately impact the company's risk profile.
Key Numbers
- 1-8944 — Commission File Number (Identifies the company's SEC filing record.)
- 34-1464672 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- CLEVELAND-CLIFFS INC. (company) — Registrant
- August 13, 2024 (date) — Date of Report
- 200 Public Square, Suite 3300, Cleveland, Ohio 44114-2315 (location) — Principal Executive Offices
- CLIFFS NATURAL RESOURCES INC. (company) — Former Company Name
- CLEVELAND CLIFFS INC (company) — Former Company Name
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report financial statements and exhibits as of August 13, 2024.
What is the official name of the company filing this report?
The official name of the company filing this report is CLEVELAND-CLIFFS INC.
Where are Cleveland-Cliffs Inc.'s principal executive offices located?
Cleveland-Cliffs Inc.'s principal executive offices are located at 200 Public Square, Suite 3300, Cleveland, Ohio 44114-2315.
Has Cleveland-Cliffs Inc. had previous names?
Yes, Cleveland-Cliffs Inc. was formerly known as CLIFFS NATURAL RESOURCES INC. and CLEVELAND CLIFFS INC.
What is the SEC Act under which this report is filed?
This report is filed under the 1934 Act.
Filing Stats: 739 words · 3 min read · ~2 pages · Grade level 10 · Accepted 2024-08-13 17:14:47
Key Financial Figures
- $0.125 — h registered: Common Shares, par value $0.125 per share CLF New York Stock Exchange
- $600.0 million — ced a private offering of an additional $600.0 million aggregate principal amount of 7.000% Se
- $825.0 million — to which the Company previously issued $825.0 million aggregate principal amount of 7.000% Se
- $500 Million — nces Proposed Offering of an Additional $500 Million Senior Guaranteed Notes due 2032." 99
- $600 Million — s Upsizing and Pricing of an Additional $600 Million Senior Guaranteed Notes due 2032." 10
Filing Documents
- clf-20240813.htm (8-K) — 33KB
- a20240813-8xkex991.htm (EX-99.1) — 13KB
- a20240813-8xkex992.htm (EX-99.2) — 13KB
- a20240813-8xkex991001.jpg (GRAPHIC) — 234KB
- a20240813-8xkex991002.jpg (GRAPHIC) — 410KB
- a20240813-8xkex991003.jpg (GRAPHIC) — 182KB
- a20240813-8xkex992001.jpg (GRAPHIC) — 217KB
- a20240813-8xkex992002.jpg (GRAPHIC) — 384KB
- a20240813-8xkex992003.jpg (GRAPHIC) — 215KB
- 0000764065-24-000171.txt ( ) — 2459KB
- clf-20240813.xsd (EX-101.SCH) — 2KB
- clf-20240813_lab.xml (EX-101.LAB) — 22KB
- clf-20240813_pre.xml (EX-101.PRE) — 13KB
- clf-20240813_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events. On August 13, 2024, Cleveland-Cliffs Inc. (the "Company") announced that it has launched and priced a private offering of an additional $600.0 million aggregate principal amount of 7.000% Senior Guaranteed Notes due 2032 (the "Additional Notes") in an offering exempt from the registration requirements of the Securities Act of 1933 (the "Securities Act"). The Additional Notes will be an issuance of the Company's existing 7.000% Senior Guaranteed Notes due 2032 and will be issued as additional notes under the indenture dated as of March 18, 2024 pursuant to which the Company previously issued $825.0 million aggregate principal amount of 7.000% Senior Guaranteed Notes due 2032 (the "Initial Notes"). The Additional Notes will be issued at a price of 99.25% of their principal amount. The Additional Notes will be treated as the same class and series as, and otherwise identical to, the Initial Notes other than with respect to the date of issuance and issue price. The Company expects to close the offering of the Additional Notes on August 16, 2024, subject to the satisfaction of customary closing conditions. A copy of the launch and pricing press releases are attached as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K and are incorporated herein by reference. This Current Report on Form 8-K does not constitute an offer to sell, nor a solicitation of an offer to buy, the Additional Notes or any other securities. The Additional Notes will not be and have not been registered under the Securities Act, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Cleveland-Cliffs Inc. published a news release on August 13, 2024 captioned, "Cleveland-Cliffs Inc. Announces Proposed Offering of an Additional $500 Million Senior Guaranteed Notes due 2032." 99.2 Cleveland-Cliffs Inc. published a news release on August 13, 2024 captioned, "Cleveland-Cliffs Inc. Announces Upsizing and Pricing of an Additional $600 Million Senior Guaranteed Notes due 2032." 101 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. 104 The cover page from this Current Report on Form 8-K, formatted as Inline XBRL. 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CLEVELAND-CLIFFS INC. Date: August 13, 2024 By: /s/ James D. Graham Name: James D. Graham Title: Executive Vice President, Chief Legal and Administrative Officer & Secretary 3